Aditya Birla Capital Reports a Slight Dip in Net Profit

Despite a 10% increase in consolidated revenue to Rs. 10,949 crore, Aditya Birla Capital experienced a 3.8% decline in net profit, dropping to Rs. 708 crore in the third quarter of FY25 from Rs. 736 crore a year earlier. This was attributed to a marginal decline in life insurance profits and higher taxes.

Expansion in Lending Portfolio and AUM

The company's overall lending portfolio, encompassing NBFC and housing finance, saw a significant 27% year-on-year expansion, reaching Rs. 1,46,151 crore as of Dec 31, 2024. Total assets under management (AUM) across various sectors grew by 23% year-on-year to Rs. 5,03,377 crore.

Growth in Insurance and Mutual Fund Segments

Aditya Birla Capital's life and health insurance premiums surged by 27% year-on-year to Rs. 16,942 crore in the first nine months of FY25. The mutual fund quarterly average AUM also saw a 23% increase from the previous year, standing at Rs. 3,83,911 crore.

Digital Expansion and Market Penetration

The company continues to expand its digital platforms, with its direct-to-customer platform, ABCD, recording over 4.1 million customer acquisitions. Aditya Birla Capital operates 1,482 branches nationwide, focusing on increasing penetration in tier 3 and 4 towns.