Page 2 - Aditya Birla Group

Aditya Birla Group in the midst of the next phase of strategic move: Birla

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, others buy 6% stake in AB Lifestyle Brands for ₹998 cr

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 soars 43% from Apr low, hits new high. What's driving metal stock?

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.

Big Upside? Morgan Stanley upgrades Aditya Birla retail twins to Overweight

Morgan Stanley believes the recent demerger has created two distinct businesses catering to different investor risk appetites.

With dual engines, Aditya Birla to lead India's fashion industry: KM Birla

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 closing in on ₹2 trillion mcap on paint, cement, digital bets: Birla

Grasim Industries' market cap approaches ₹2 trillion as Birla Opus gains share, Pivot scales in e-commerce, UltraTech cements lead, and green businesses expand

Hindalco plans $10 billion investment over 5 years to boost value chain

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 Q1 results: Profit up 5% to ₹24 cr post demerger

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

Grasim Q1 net profit up 32% as cement, paints, B2B platform scale up

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

Aditya Birla Real Estate shares gain 2% post Q1; check details here

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 Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise

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 Q1FY26 results: Net loss ₹132.9 cr, income remains flat

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

Reviewing CCI order, will take appropriate legal recourse: Asian Paints

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

Best of BS Opinion: India must go from pro-business to pro-market

Today's newsletter ties together multiple issues, but the central theme remains one of much-needed reform and regulatory action, be in in job creation or aviation or industry

Hindalco to acquire AluChem for $125 mn to grow speciality alumina reach

The acquisition will boost Hindalco's North American presence and global alumina capacity as it eyes 1 million tonnes by FY30 through innovation and sustainability

Asian Paints may face CCI probe for alleged market dominance abuse

The complaint alleged that Asian Paints pressured its network of dealers against doing business with Grasim's Birla Opus

Grasim: Investors bet on paints, ignore weakness in core business

Investors and analysts are betting on a fast ramp-up in paints division and its e-commerce venture of selling construction goods

Aditya Birla Group's paints unit files antitrust case against Asian Paints

The first source added that Asian Paints also allegedly told its dealers it will curtail its supplies to them if they put up hoardings of Birla paint products or place them at prominent places

Aditya Birla Group buys Cargill's speciality chemical facility in US

The Dalton plant will see capacity more than double in two years as Aditya Birla Group integrates advanced materials tech and eyes expansion across strategic sectors

Vodafone Idea to seek shareholder nod for ₹20,000 cr fundraise, AoA tweak

The planned fundraise is part of Vodafone Idea's broader effort to strengthen its balance sheet and support investments in network expansion and 5G rollout