Finance company Ugro Capital announced Q1FY26 results AUM of Rs 12,081 crore, up 31% YoY. Total Income stood at Rs 421.8 crore in Q1FY26, up 40% YoY. Net Total Income at Rs 216.5 crore, up 31% YoY. GNPA/NNPA at 2.5%/1.7% on total AUM. Embedded Finance Growth: Reached Rs 1,011 crore AUM with Rs 582 crore disbursed in Q1FY26 through MSL platform. Emerging Market Business Growth: Reached Rs 2,772 crore AUM with 309 branches operational; ~346 branches to be operational by Sep’25. CRAR at 22.4%, provides strong capital headroom above the regulatory minimum, supporting calibrated growth. Strategic actions: Profectus Capital acquisition (Rs 1,400 crore, all-cash) advancing; Rs 381 crore rights issue completed and Rs 911 crore preferential issue in process. Shachindra Nath, Founder & Managing Director of UGRO Capital, said: “Q1 was a quarter of discipline. In line with our risk guardrails, we tightened underwriting and moderated originations wherever borrower leverage was elevated. Even so, the portfolio remained resilient across our nine focus sectors, and we delivered 31% YoY AUM growth with stable asset quality. We stayed focused on building our next engines of Emerging Market distribution, Embedded Finance partnerships and the Profectus acquisition. With capital actions underway and approvals progressing, we are well placed for the next phase of high-quality growth. While the industry is seeing relatively higher stress in unsecured segments, UGRO’s exposure there is limited and ring-fenced; our book is predominantly secured, and our filters are sharper than before. As seasonal effects fade and partner funnels ramp up, we expect growth to pick up while staying firmly disciplined on unit economics. Result PDF