logo
appgoogle
EquityWireEarnings Review: Aditya Birla Capital's PAT up 22% on qtr on higher income
Earnings Review

Aditya Birla Capital's PAT up 22% on qtr on higher income

This story was originally published at 18:13 IST on 13 May 2025
Register to read our real-time news.

Informist, Tuesday, May 13, 2025

 

--Aditya Birla Cap Jan-Mar consol PAT INR 8.65 bln 
--Aditya Birla Cap Jan-Mar 2024 consol PAT from continuing ops was INR 12.4 bln 
--Aditya Birla Cap Jan-Mar 2024 consol PAT from total ops was INR 12.45 bln 
--Aditya Birla Cap Jan-Mar consol revenue INR 122.14 bln vs INR 107.80 bln 

 

By Sachi Pandey

 

MUMBAI – Strong growth in life insurance income and steady fee earnings lifted Aditya Birla Capital Ltd.'s consolidated net profit for the March quarter. Rise in fair value gains also supported the non-banking financial company's bottom line.

 

The company posted a 22% jump in consolidated net profit to INR 8.65 billion in Jan-Mar from INR 7.08 billion in Oct-Dec. However, the consolidated net profit declined nearly 31% from INR 12.45 billion in Jan-Mar last year. Profit from total operations in Jan-Mar 2024 was INR 12.45 billion and included INR 12.40 billion of profit from continuing operations.

 

Consolidated revenue grew 30% to INR 122.14 billion from INR 93.81 billion in Oct-Dec and rose 13% from INR 107.79 billion a year ago. The sharp rise in revenue was mainly driven by policyholders' income from the life insurance business, which surged to INR 72.06 billion from INR 46.80 billion in the previous quarter and INR 60.83 billion a year ago.

 

Fee and commission income rose to INR 2.05 billion from INR 1.64 billion in Oct-Dec but remained largely unchanged from INR 2.06 billion a year ago. Fair value gains stood at INR 2.58 billion, up from INR 970 million in Oct-Dec and INR 1.18 billion in the quarter a year ago.

 

Total expenses jumped to INR 110.72 billion from INR 84.36 billion in the previous quarter and INR 93.56 billion a year ago. The rise in expenses was also driven by policyholders' expenses from the life insurance business, which climbed to INR 71.84 billion from INR 46.68 billion in Oct-Dec and INR 60.42 billion in Jan-Mar 2024. Tax expenses rose to INR 4.75 billion from INR 3.05 billion in the previous quarter and INR 3.18 billion a year ago.

 

As of Mar. 31, the company's overall lending book rose 27% on year and 8% on quarter to INR 1.57 trillion. This includes lending by subsidiaries Aditya Birla Finance Ltd. and Aditya Birla Housing Finance Ltd. Total assets under management, including those managed by its mutual fund, life insurance, and health insurance arms, rose 17% on year to INR 5.11 trillion. Gross premium collection from the life and health insurance businesses rose 22% to INR 255.79 billion in 2024-25 (Apr-Mar).

 

For FY25, the company's consolidated net profit was INR 33.32 billion, marginally lower than INR 33.35 billion last year. Annual revenue from operations rose 20% to INR 405.90 billion. On Tuesday, shares of Aditya Birla Capital ended at INR 204.89 on the National Stock Exchange, down 0.3% from the previous close.  End

 

Edited by Nishant Maher

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.

 

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillinkprint

Related Stories

Premium Stories

Subscribe