Amount of business which can be done through GRO X app is quite phenomenal: Shachindra Nath, UGRO Capital
«We stabilised our opex infrastructure to deliver almost Rs 500-600 crore a month and our capacity is much larger but this is where we want to remain stable for at least first three quarters of the year and we are doing that,» says Shachindra Nath, UGRO Capital.
Well, we have been seeing stellar numbers from you in the last many quarters but talk to us about how Q2 is panning out in terms of the disbursement momentum, in terms of the demand on the ground.
We stabilised our opex infrastructure to deliver almost Rs 500-600 crore a month and our capacity is much larger but this is where we want to remain stable for at least first three quarters of the year and we are doing that. So, I think that this quarter is panning out to be exactly similar as the last Q1 for us.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Marketing Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisitThe uniqueness about our business in last three-four years, the heavy investment which has happened in data technology, physical infrastructure and liability infrastructure, our profitability is multiplying many fold when the EM is growing because there is hardly incremental opex happening now for this growth.
The festive season preparations have started. We are seeing commentary coming from retailers, tier II, tier III retailers like V-Mart. Some others are saying that stocking for pre-festival has already started. So, what are you gathering because you have a good mix of sectors in the SME side. Are you feeling the pulse already?
Yes, of course. So, overall, our belief is that the micro enterprises and the bottom of
