Aditya Birla Capital, a leading financial services company, has reported a decline in net profit to Rs. 708 crore in the third quarter of FY25, compared to Rs. 736 crore in the same period last year. Despite this, the company’s consolidated revenue rose 10% to Rs. 10,949 crore, driven by growth in its lending portfolio and asset management business. The company’s overall lending portfolio expanded 27% year-on-year to Rs. 1,46,151 crore, while total assets under management (AUM) grew 23% to Rs. 5,03,377 crore.
The company’s life and health insurance premiums rose 27% year-on-year to Rs. 16,942 crore in the first nine months of FY25, while its mutual fund quarterly average AUM stood at Rs. 3,83,911 crore, up 23% from a year earlier. The company’s NBFC portfolio grew 21% year-on-year to Rs. 1,19,437 crore, with loans to retail, SME, and HNI customers comprising 64% of the portfolio. The housing finance business saw a 62% increase in AUM to Rs. 26,714 crore, with disbursements rising 136% year-on-year to Rs. 4,750 crore.
Aditya Birla Capital is expanding its digital platforms, including its direct-to-customer platform ABCD, which has recorded over 4.1 million customer acquisitions, and its MSME-focused B2B platform Udyog Plus, which has over 2.2 million registrations. The company operates 1,482 branches nationwide and is focused on increasing penetration in tier 3 and 4 towns. Its return on assets stood at 2.1%, while return on equity was 13.87%. The company’s life insurance business reported a 31% rise in individual first-year premiums to Rs. 2,595 crore in the first nine months of FY25, while its health insurance segment’s gross written premium rose 39% year-on-year to Rs. 3,337 crore.