ALPHA TRIBE

Aditya Birla Capital LimitedOthers, 13-05-2025: Appointment

13-05-2025 | 03:56 pm

Aditya Birla Capital has announced a board meeting on the financial results for the quarter and year ended March 31, 2025. The Board approved raising debt within an enhanced borrowing limit of ₹1,65,000 crore, subject to shareholder consent. NL Bhatia & Associates will serve as Secretarial Auditor for five years from FY26, and Mr. Samir Hossain was appointed General Counsel. Consolidated revenue rose 20% y-o-y to ₹47,369 crore, driven by strong growth in lending (27%) and AUM (17%). Operating profit grew 19% to ₹5,475 crore, and net profit increased 8% to ₹3,142 crore. NBFC and housing finance loan books expanded 20% and 69%, respectively. Insurance and asset management segments showed robust growth, while asset quality improved significantly. The amalgamation with Aditya Birla Finance Limited streamlined NBFC and investment operations. The update underscores strong business momentum, improved capital structure, and strategic expansion into tier 3 and 4 towns.

No comments yet. Be the first to comment!

All announcements from Aditya Birla Capital Limited