Money & Banking

Aditya Birla Capital net up 31%

PTI Mumbai | Updated on August 10, 2018 Published on August 10, 2018

Aditya Birla Capital today reported a 31 per cent rise in net profit for the three months ended June 30 this year at ₹ 227 crore on an income growth of 32 per cent at ₹ 3,374 crore.

The company’s assets under management rose to ₹ 3,05,684 crore from ₹2,62,113 crore, and overall lending book rose to ₹53,584 crore from ₹ 41,066 crore.

Its life insurance and health arm reported a total gross premium of ₹ 1,205 crore from ₹ 937 crore.

Asset management business added 2 million folios to reach 6.4 million folios. Housing loan book reached ₹ 9,176 crore in less than four years of its operations.

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Published on August 10, 2018
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