Please find enclosed revised Audited financial results (Standalone & Consolidated) for the quarter and year ended 31st March, 2026. The revision pertains to amendment to note (8) of the standalone financial results. There is no change to any financial figures or the statutory auditor report, for both standalone and consolidated financial statements.
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Ugro Capital Limited has filed a corrigendum to its audited standalone and consolidated financial results for Q4 and year ended March 31, 2026. The company discovered an inadvertent disclosure error in note (8) of the standalone financial results and has revised only that note. Importantly, there is no change to any financial figures, the Statement of Financial Results, Assets and Liabilities, Cash Flows, or the Statutory Auditor's Report issued by Sharp & Tannan Associates. The auditor issued an unmodified opinion. For FY2026, total revenue grew 26.5% to Rs. 1,76,624 lakh, but profit after tax declined 21% to Rs. 11,337 lakh compared to FY2025. Net profit margin compressed from 9.98% to 6.16%. The company raised significant capital during the year through CCDs, rights issue, and NCDs, and completed acquisitions of Profectus Capital and Datasigns Technologies.
This is a minor administrative correction with no impact on financial performance or shareholder value. The company remains profitable with strong capital ratios (CRAR at 21.17%), though profit margins have compressed year-over-year.