Aditya Birla Capital Q2 net profit up 42% to Rs 1,001 crore, stock jumps 5%; AUM expansion, insurance gains help

 

  • Aditya Birla Capital Q2 net profit up 42% to Rs 1,001 crore, stock jumps 5%; AUM expansion, insurance gains help

  • DELIVER 25% GROWTH IN AUM & SUSTAINABLE ROA IN MEDIUM TERM
  • The company’s consolidated lending portfolio, comprising its NBFC and housing finance segments, rose 27 percent on-year to Rs 1.38 lakh crore as of September 30. The firm's NBFC arm saw assets under management (AUM) expand to Rs 1.14 lakh crore, marking a 23 percent rise from a year ago. The housing finance AUM surged 51 percent to Rs 23,236 crore. 
  • In asset management, ABCL’s mutual fund quarterly average AUM increased by 23 percent on-year to Rs 3.83 lakh crore. Across insurance segments, life insurance individual first-year premiums grew 33 percent year-on-year to Rs 1,578 crore in the first half of FY25, and health insurance gross written premiums surged 39 percent to Rs 2,171 crore over the same period. 
  • ABCL’s total AUM, which includes contributions from asset management, life, and health insurance, reached Rs 5.01 lakh crore as of the quarter’s close, up 24 percent from the previous year.      

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