The company said it delivered highest ever consolidated quarterly profit with strong growth across businesses. The consolidated revenue of the company includes that of Aditya Birla Sun Life AMC and Aditya Birla Wellness.

On a consolidated basis, profit before tax (PBT) rose 47.19% to Rs 529.25 crore in Q2 September 2021 over Q2 September 2020.

The company's active customer base stood at 28 million (up 42% year on year) aided by focus on granular retail growth across all businesses.

The overall AUM across asset management, life insurance and health insurance businesses grew 24% year on year, to over Rs 3,70,290 crore.

The overall lending book (NBFC and housing finance) was reported at Rs 59,060 crore. The lending business raised over Rs 6,000 crore of long-term funds in H1 FY22.

The gross premium (across life and health insurance) for the half year grew 25% year on year to Rs 5,685 crore, reflecting the scale in insurance businesses.

The asset management business reported strong growth in assets under management with AAUM at Rs 3,12,025 crore, growing by 25% year on year.

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

Powered by Capital Market - Live News

Net profit of Aditya Birla Capital rose 42.58% to Rs 376.90 crore in the quarter ended September 2021 as against Rs 264.34 crore during the previous quarter ended September 2020. Sales rose 21.72% to Rs 5593.22 crore in the quarter ended September 2021 as against Rs 4595.17 crore during the previous quarter ended September 2020.

Powered by Capital Market - Live News

Net profit of Aditya Birla Capital declined 23.89% to Rs 10.83 crore in the quarter ended September 2021 as against Rs 14.23 crore during the previous quarter ended September 2020. Sales rose 31.16% to Rs 22.94 crore in the quarter ended September 2021 as against Rs 17.49 crore during the previous quarter ended September 2020.

Powered by Capital Market - Live News

Aditya Birla Capital has allotted 69,142 Equity Shares of the face value of Rs 10/- each on 26 October 2021 pursuant to exercise of Stock Optionsand Restricted Stock Units under ABCL Scheme 2017. All the said Equity Shares will rank pari passu with the existing Equity Shares of the Company, in all aspects.

Consequent to the above allotment, the Paid-up Equity Share Capital of the Company will increase from Rs 24,16,10,96,020 (i.e. 2,41,61,09,602 equity shares of face value Rs 10 each) to Rs 24,16,17,87,440 (i.e. 2,41,61,78,744 equity shares of face value Rs 10/- each).

Powered by Capital Market - Live News