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Aditya Birla
Aditya Birla Capital on Monday reported a 31 per cent growth in consolidated profit at Rs 1,129 crore for the fourth quarter ended March 31 on higher interest income. The financial services company had profit attributable to owners of the company from total operations on consolidated basis at Rs 865 crore in the January-March period of 2024-25. Interest income rose to Rs 5,516 crore during the March quarter of FY26, from Rs 4,481 crore in the corresponding period a year ago. Total revenue from operations rose to Rs 13,459 crore at the end of March quarter of 2025-26 fiscal, from Rs 12,214 crore in the March quarter of FY25. For the full FY26 fiscal, Aditya Birla Capital reported a consolidated profit of Rs 3,764 crore, a 13 per cent rise against Rs 3,332 crore in FY25. Total revenues in FY26 stood at Rs 45,509 crore, up from Rs 40,590 crore in FY25. Shares of Aditya Birla Capital closed at Rs 348.10, up 0.80 per cent over previous close on BSE.
Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area. In a regulatory filing on Friday, the company said its subsidiary Birla Estates Pvt Ltd has entered into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). Birla Estates will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai's Western Suburbs. The project is being developed under a joint redevelopment arrangement with Parinee Real Estate Builders. "With a saleable area of 2.9 lakh sq ft, the project has an estimated revenue potential of Rs 1,700 crore," ABREL said. Birla Estates develops premium residential housing in key markets. It also has a commercial portfolio with two grade-A commercial buildings located in Worli, Mumbai, with 6 lakh sq ft of leasable area.
Aditya Birla Lifestyle Brands Ltd has reported a 14.42 per cent year-on-year increase in its consolidated net profit to Rs 69.01 crore for the December quarter of FY26. The company had posted a net profit of Rs 60.31 crore during the October-December quarter a year ago, according to a regulatory filing from Aditya Birla Lifestyle Brands Ltd (ABLBL) on Monday. Its revenue from operations rose 9.57 per cent to Rs 2,343.17 crore in the December quarter of FY26, compared to Rs 2,138.40 crore in the year-ago period. ABLBL, which has been formed after the demerging of the business of Madura Fashion and Lifestyle, total expenses were at Rs 2,230.40 crore, up 7.36 per cent in the December quarter. Total income of ABLBL, which included other income as well, was up 9.33 per cent to Rs 2,362.22 crore. ABLBL has lifestyle brands business as - Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear Brands as American Eagle. Besides, it also has sportswear b
UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of Rs 782.2 crore, which it plans to contest before the appropriate forum. "The Company is reviewing the Order, considering all legal options, and accordingly would be contesting the demand," UltraTech Cement said in a regulatory filing. The order has been passed in various matters on account of "alleged short payment of GST, improper utilisation of Input Tax Credit, etc" during the period 2018-19 to 2022-23, the company said. The order is passed "without due consideration of the Company's submissions." The order passed against it is "upholding tax liability of Rs 3,90,95,58,194/- plus applicable interest on tax demand; additional interest Rs 27,68,289/- and penalty of Rs 3,90,95,58,194/", the filing said. The Aditya Birla flagship firm has received the order passed by the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna, on Friday. UltraTech is the country's leadin
Inox Wind on Monday said it has secured a 102.3 MW supply order from ABREL EPC Ltd, a subsidiary of Aditya Birla Renewables (ABReL). Inox Wind secured the order for the supply of its 3.3 MW turbines for the projects being developed by ABREL EPC Ltd in Karnataka, the leading wind energy solutions provider said in a statement "ABReL has large-scale plans to set up and deliver long-term clean energy solutions to its customers, and we are pleased to be part of ABREL's mission to drive India's energy transition and achieve its decarbonisation and sustainability targets. We continue to make rapid progress on developing relationships with new customers and fortifying the existing ones," Sanjeev Agarwal, CEO, Inox Wind, said. Inox Wind Ltd is a leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors. It is part of the multi-billion-dollar INOXGFL Group, which is primarily focused on two business verticals: chemicals and renewable energy. IWL has five ..