Aditya Birla Money rose 1.96% to Rs 41.65 after the company's net profit rose 31.8% to Rs 3.68 crore on 10% increase in total revenue from operations to Rs 49 crore in Q4 FY21 over Q4 FY20.
On the segmental front, revenue from broking business was Rs 43.69 crore (up 21.2% YoY), revenue from the securities trading business was Rs 3.78 crore (down 40.9% YoY) and other revenue was Rs 1.52 crore (up 26.4% YoY) in the fourth quarter.
Profit before tax in Q4 March 2021 stood at Rs 5.26 crore, up by 44.9% from Rs 3.63 crore in Q4 March 2020. Total tax expense during the quarter rose 88.8% year-on-year (YoY) to Rs 1.57 crore.
Aditya Birla Money (ABML) is a subsidiary of Aditya Birla Capital. The company is a stock broking and capital market products distributor, offering Equity and Derivative trading through NSE and BSE and currency derivative on MCX-SX and commodities trading through MCX and NCDEX.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app