Aditya Birla Capital gains as Q2 PAT jumps 42% YoY to Rs 1,001 cr

Aditya Birla Capital advanced 5.11% to Rs 215.05 after the company's consolidated net profit jumped 42% to Rs 1,001 crore in Q2 FY25 as against Rs 705 crore in Q2 FY24.

Consolidated revenue stood at Rs 12,007 crore in Q2 FY25, registering a growth of 36% from Rs 8,831 crore recorded in the same period a year ago.

Profit before tax gained 41.16% year on year to Rs 1,407.40 crore in the quarter ended 30 September 2024.

The total AUM (AMC, life insurance and health insurance) increased by 24% YoY to 5,01,152 crore as on 30 September 2024.

The overall lending portfolio (NBFC and HFC) grew by 27% YoY to Rs 1,37,946 crore in Q2 FY25.

 

The company has a pan-India presence of 1,470 branches across all businesses as of 30 September 2024. The Company is focused on capturing white spaces and driving penetration into tier 3 and tier 4 towns and new customer segments.

On half year basis, the companys net profit jumped 30.26% to Rs 1,745.17 crore on 30.30% rise in revenue from operations to Rs 18,994.61 crore in H1 FY25 over H1 FY24.

The total premium (life insurance and health insurance) grew by 29% YoY to Rs 10,828 crore in H1 FY25.

In H1 FY25, companys gross written premium (GWP) grew by 39% year-on-year to Rs 2,171 crore, with Retail premium growth at 51% year-on-year.

Aditya Birla Capital is the holding company for the financial services businesses of the Aditya Birla Group.

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