Post 2025, we would like to consistently grow at 30%: Shachindra Nath, U GRO Capital
«We exited March almost at 70% of our capacity at Rs 550 crore a month. And we wanted to demonstrate the operating leverage. And we said that for this full year, this is the range of volume we will do for the whole year,» says Shachindra Nath, Vice Chairman & MD, U GRO Capital.
It was a solid show yet again from you. The AUM is up 74%. Net disbursements continue to be quite high. Quite a bit of improvement on the profitability front as well. Talk to us about sustainability of all of this? Let us say, as far as AUM is concerned, what is the target for FY24?
As I have said this to you in our last quarter result as well, that we built up our capacity in last two and a half years. We are almost five-year-old company. In last two and a half year, we heavily invested into both our distribution and liability infrastructure and data technology which drives revolution which we are trying to bring in MSME financing in India.
We exited March almost at 70% of our capacity at Rs 550 crore a month. And we wanted to demonstrate the operating leverage. And we said that for this full year, this is the range of volume we will do for the whole year.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIIM LucknowIIML Chief Marketing Officer ProgrammeVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisitAnd our AUMs would grow with no or very marginal increase in OPEX and would deliver a very healthy bottom line growth. So, we continue to do that. So, if you look at our quarter-on-quarter AUM growth it is similar to what we have delivered in last quarter and what we will deliver in next two quarters itself.
I do not think so there will be any
