The main object of Aditya Birla Sun Life AMC International (IFSC) is inter-alia, to undertake the business as a Fund Management Entity
Birla Estates has tied up with Sikka Group to co-develop a ₹1,600-crore Greater Noida housing project, leveraging new revival policies that allow creditworthy developers to take over stalled projects
Kumar Mangalam Birla was conferred an honorary Doctor of Science (Economics) degree at the University of London's Foundation Day ceremony, where The Princess Royal honoured 5 achievers
Aditya Birla Real Estate has partnered with Gujarat Titans as the principal sponsor for IPL 2026, aiming to strengthen brand presence and connect with fans across India through cricket
Hindalco Industries reported a 21.3% rise in consolidated net profit to Rs 4,741 crore in Q2FY26, driven by aluminium business gains and Novelis' strong performance despite challenges
Aditya Birla Lifestyle Brands on Tuesday reported a consolidated net profit of Rs 23.44 crore for the September quarter of FY26. It had posted a net loss of Rs 58.77 crore a year ago, according to the regulatory filing of the Aditya Birla Group, which has been formed after the demerging of Madura Fashion and Lifestyle. This is the second quarter result of Aditya Birla Lifestyle Brands Limited (ABLBL), which was listed on the bourses on June 23, 2025, following the demerger. Its revenue from operations rose 3.71 per cent to Rs 2,037.90 crore in the September quarter of FY26. This was Rs 1,964.93 crore in the year-ago period. The total expenses stood at Rs 2,027.95 crore, up nearly 3 per cent in the September quarter. Its total income, which includes other income, in the September quarter, increased 3.7 per cent to Rs 2,059.02 crore. Its lifestyle brands include Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear brands like American Eagle. .
In the past one month, Hindalco has outperformed the market by gaining 11 per cent, as compared to 3.4 per cent rise in the BSE Sensex; here are the key reasons behind the rally.
Kumar Mangalam Birla said the group is tilting its portfolio towards scale, agility, and consumer-centric ventures while redefining India's luxury retail experience
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday. Singapore-headquartered Amansa Capital, Nippon India Mutual Fund (MF), ICICI Prudential MF, UTI MF, ICICI Prudential Life Insurance, Ghisallo Capital Management, Societe Generale, and US-based Pathstone are among the entities that have bought stakes in Aditya Birla Lifestyle Brands Ltd (ABLBL), as per block deal data on the NSE. These entities have collectively purchased over 7.31 crore equity shares or 6 per cent stake in separate deals. Meanwhile, Aditya Birla Sun Life MF acquired 36.62 lakh shares or 0.3 per cent holding in ABLBL while SBI Life Insurance hiked its stake by picking up 1.73 crore shares representing nearly 1.42 per cent stake, as per the data. After the stake buy, SBI Life's ...
Hindalco stock rose 2% on Friday. Looking ahead, the management expects the company's integrated business model, strategic investments and cost discipline to help deliver sustained growth.
Morgan Stanley believes the recent demerger has created two distinct businesses catering to different investor risk appetites.
With "dual growth engines" ABFRL and ABLBL, the Aditya Birla Group is strategically positioned to capture emerging opportunities in the Indian fashion industry, which is undergoing rapid evolution, its Chairperson, Kumar Mangalam Birla said. Addressing shareholders of Aditya Birla Fashion and Retail Ltd (ABFRL) in the latest annual report, Birla said India's per capita GDP is expected to grow from USD 2,500 to over USD 4,000 over the next five years, as it is entering a phase of aspirational consumption. This, in turn, will drive significant shifts from the unorganised to the organised retail sector, accelerate demand across all fashion categories and fuel creation of brands. "With India's dynamic economic growth, an expanding middle class and rapid shifts in consumer behaviour, we are confident that the opportunities ahead are significant," said Birla. The group has completed the demerger of Aditya Birla Lifestyle Brands Ltd (ABLBL) from ABFRL and subsequently listed in June 2025.
Grasim Industries' market cap approaches ₹2 trillion as Birla Opus gains share, Pivot scales in e-commerce, UltraTech cements lead, and green businesses expand
At its AGM, Hindalco unveiled a $10 billion investment plan over five years to expand aluminium, copper and alumina operations, with its Dahej smelter set to become the largest outside China
Aditya Birla Lifestyle Brands Limited (ABLBL) on Wednesday reported a 4.92 per cent rise in its consolidated net profit to Rs 24.06 crore for the June quarter of FY26. It posted a net profit of Rs 22.93 crore in the April-June period a year ago, according to a regulatory filing of the Aditya Birla Group, which has been formed after the demerging of the business of Madura Fashion and Lifestyle. This is the first quarter result of ABLBL, which was listed on the bourses on June 23, 2025, following the demerger. Revenue from operations of ABLBL grew 3.14 per cent to Rs 1,840.58 crore in the June quarter of FY26. It was Rs 1,784.47 crore in the corresponding quarter a year ago. Total expenses of ABLBL stood at Rs 1,834.94 crore, up nearly 4 per cent in the June quarter. Its total income, which includes other income, in the June quarter increased 3.58 per cent to Rs 1,863.11 crore. As per the scheme of arrangement, its lifestyle brands business, such as Louis Philippe, Van Heusen, Alle
Profit rose to ₹1,419 crore in Q1FY26 aided by cement and chemicals, while paints and B2B e-commerce saw strong traction despite upfront investment drag
Total income for the quarter under review witnessed a drop, to ₹157.41 crore as against ₹365.24 crore reported in the same period of the previous fiscal year.
Aditya Birla Real Estate posted a Q1 FY26 loss of Rs 25.47 crore and will raise up to Rs 1,500 crore to refinance CPP debt and prepare for upcoming real estate launches
The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. For the year ended March 31, 2025, the consolidated net loss stood at Rs 143.68 crore, the company said in a regulatory filing. The consolidated total income for the quarter under review was Rs 1,033.85 crore, compared to Rs 1,042.27 crore in the same quarter last year. For the financial year ended March 31, 2025, consolidated total income stood at Rs 4,357.31 crore. During the quarter, the company approved the sale of its entire equity stake in its subsidiary, Industrial Chemicals and Monomers Ltd. It also said it had successfully refinanced its debt, resulting in a significant reduction in finance costs, from Rs 82.36 crore in th
Asian Paints is reviewing the order passed by fair trade regulator CCI directing a probe against the country's leading paint maker for alleged abuse of its dominant position in the market and said it plans to take appropriate legal recourse. Asian Paints said it will cooperate with the Competition Commission of India (CCI) in the investigation over allegations of exclusionary practices. "The company is currently reviewing the order and will take appropriate legal recourse. The company remains committed to fully cooperating with the CCI during the course of the investigation," Asian Paint said in a late night regulatory filing on Thursday. Earlier this week, CCI ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sales of decorative paint over the complaints filed by Aditya Birla group firm Grasim Industries. Grasim, a new entrant in the domestic paint industry with brand Birla Opus, had accused Asian Paints o