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Ugro Capital Limited ( (IN:UGROCAP) ) has provided an announcement.
Ugro Capital has clarified why its audited consolidated financial results for the quarter and year ended 31 March 2026 do not include comparative figures for the previous year’s consolidated balance sheet and cash flow statement. The company explained to the National Stock Exchange of India that, because it had no subsidiaries as of 31 March 2025, there was no consolidated group at that time and therefore no consolidated financial statements were prepared for that period.
The lender stated that its subsidiaries Profectus Capital Private Limited, Datasigns Technologies Private Limited and Ekagrata Finance Private Limited were all acquired during the 2025-26 financial year, making the preparation of prior-period consolidated numbers inapplicable. Ugro Capital added that this treatment aligns with Indian Accounting Standards and Schedule III requirements for first-time preparation of consolidated financial statements, addressing the exchange’s compliance query under Regulation 33 of the SEBI listing rules.
More about Ugro Capital Limited
Ugro Capital Limited is a non-banking financial company focused on lending, which operates in India’s financial services sector. The firm provides credit solutions and other financial products, and has recently expanded its presence through the acquisition of multiple subsidiaries during the 2025-26 financial year.
Average Trading Volume: 54,838
Technical Sentiment Signal: Sell
Current Market Cap: 16.75B INR
Find detailed analytics on UGROCAP stock on TipRanks’ Stock Analysis page.