UGRO Capital (NSE:UGROCAP, BOM:511742) saw a decline in its standalone net profit to 295.5 million Indian rupees in the fiscal fourth quarter from 405.5 million rupees a year ago, according to a Monday filing with the Indian stock exchanges by the non-banking finance company.

Shares of the company rose nearly 2% in Tuesday's trade.

Earnings per share during the quarter ended March 31 slipped to 1.93 rupees from 4.02 rupees a year earlier.

Interest income in fiscal Q4, however, rose to 3.36 billion rupees from 2.64 billion rupees a year ago, according to the filing.