<p><img src="https://www.cms.adityabirla.com/uploads/abg_htls_2024_26c224bfac.webp" alt="abg-htls-2024.webp"></p><p>Aditya Birla Group Hindustan Times Leadership Summit (HTLS) 2024, brought together leaders and icons from across the fields of politics, sports, business, health, science, and entertainment to share their views on the theme: Progressing Beyond Barriers.</p><p>The audience included senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators, and analysts. Over the years, the Summit has become one of India’s most prestigious and eagerly awaited forums.</p><p>HTLS 2024 hosted distinguished public figures such as Narendra Modi, Hon. Prime Minister of India; Dr. S. Jaishankar, Hon. Minister of External Affairs, Government of India; John Kerry, 68th U.S. Secretary of State; Chandrababu Naidu, Hon. Chief Minister of Andhra Pradesh; Kumar Mangalam Birla, Chairman, Aditya Birla Group; Hon. Elizabeth Truss, Former Prime Minister of the United Kingdom; Dr. Manish Gupta, Director, Google Deepmind; Akshay Kumar, Actor &amp; Producer; Ajay Devgn, Filmmaker &amp; Entrepreneur; and Nitin Gadkari, Hon. Minister of road Transport &amp; Highways, Government of India; among others.</p><p>Here are some quotable quotes from the event: <a href="/en/media/stories/aditya-birla-group-hindustan-times-leadership-summit-2024.html">HTLS 2024</a></p>

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Aditya Birla Group Hindustan Times Leadership Summit 2024

<p>The Aditya Birla Group once again joined forces with TEDxGateway 2024, India's hub of innovative ideas, on March 2nd at at the Jamshed Bhabha Theatre in NCPA, Mumbai. It was an exhilarating day, fulfilling its mission by sparking stimulating conversations and fostering connections.</p><p>With over 20 outstanding speakers ranging from visionary artists to tech pioneers and captivating storytellers, the event was a showcase of diverse perspectives. Their stories, fuelled by passion and resilience, left a lasting impact, igniting imaginations along the way. The line-up also included researchers, philanthropists, educators, and activists, underscoring TEDxGateway's dedication to ground-breaking ideas.</p><p>TEDxGateway, an independently organised TEDx event, has a rich history. Since its modest beginnings in 2010, it has evolved into India's premier platform for thought leaders. Today, it hosts multiple events annually, drawing over 55,400 attendees (on-ground) and 350+ speakers of global repute, and continues to spread impactful ideas.</p>

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TEDxGateway 2024: A Day of Inspiration

<p>Starting from 31 October 2023, until 4 November 2023, Aditya Birla Group Hindustan Times Leadership Summit (HTLS) 2023, will bring together leaders and icons from across the fields of politics, sports, business, health, science, and entertainment to share their views on the theme 'Beyond Barriers'.</p><p>HTLS 2023 will host distinguished public figures such as Prime Minister Narendra Modi, Chief Justice of India Dhananjaya Y. Chandrachud, and Minister of External Affairs Dr. S. Jaishankar. It will also feature well-known personalities from politics to sports and even entertainment industries, such as Piyush Goyal, Ashwini Vaishnaw, Sushmita Sen, Karan Johar, Alia Bhatt, Charlize, Satwiksairaj Rankireddy and Chirag Shetty, Bhagwant Mann, Sukhvinder Singh Sukhu, Alan Mamedi, Neeraj Chopra, Navin Chawla, and Chris Miller.</p><p>Launched in 2003, HTLS has evolved into a platform that enhances the quality of discourse on critical global issues and fosters solution-oriented discussions among leaders. Over the years, the summit has grown to become one of the most eagerly anticipated events in India.</p><p>To learn more or register for the event, click <a href="https://htls2023.virtualeventexp.com/signup">here</a>.</p>

Aditya Birla Group Hindustan Times Leadership Summit 2023

<p>Satyaki Ghosh, CEO – Cellulosic Fashion Yarn, Grasim Industries, reflects on a journey shaped by bold pivots, conscious leadership, and a pursuit of balance over milestones.</p>

Leadership

From Kurkure to Couture with Satyaki Ghosh - Part 2

From Kurkure to Couture with Satyaki Ghosh - Part 1

<p>Ashok Ramchandran, Director, Group HR dives deep into key leadership shifts, the new-age workplace, and what it takes to keep people engaged in a rapidly changing world.</p>

Leadership Blueprint and the Future of Work: Part 1

Leadership Blueprint and the Future of Work: Part 2

<h3><strong>FY25 – Key Highlights</strong></h3><ul><li>Revenue at a record ₹2,38,496 crore, up 10%</li><li>All-time high Consolidated EBITDA at ₹35,496 crore, up 38%</li><li>Record Aluminium Upstream EBITDA at ₹16,262 crore, up 78%&nbsp;</li><li>Record Aluminium Downstream EBITDA at ₹633 crore, up 16%</li><li>Highest-ever Copper EBITDA at ₹3,025 crore, up 16%&nbsp;</li><li>Novelis’ Net Income (attributable to our common shareholder) at $683 million, up 14%</li><li>Consolidated Net Debt to EBITDA at 1.06x as of March 31, 2025 vs 1.21x a year ago</li><li>Board recommends dividend @500%(₹5/share) for FY25 vs 350%(₹3.5/share) for FY24 up 43%</li></ul><h3><br><strong>Q4 FY25 – Key Highlights &nbsp;</strong></h3><ul><li>Revenue at a record ₹64,890 crore, up 16%</li><li>All-time high Consolidated EBITDA at ₹10,296 crore, up 43%</li><li>Record Aluminium Upstream quarterly EBITDA at ₹4,838 crore, up 79%&nbsp;</li><li>Industry best Aluminium Upstream EBITDA margins at 47%</li><li>Highest Aluminium Downstream quarterly EBITDA at ₹219 crore, up 52%</li><li>Record domestic Copper Rod Sales of over 100 KT</li><li>Novelis’ Net Income (attributable to our common shareholder) at $294 million, up 77%</li><li>10,000 Aluminium Battery Enclosures delivered to Mahindra</li></ul><p><br><a href="/businesses/companies/hindalco-industries-limited/">Hindalco Industries Limited</a>, <a href="/our-story/group-purpose/">Aditya Birla Group</a> metals flagship, today reported results for the quarter and year ended March 31, 2025. The company reached a new milestone in financial performance by posting its highest-ever Revenue, EBITDA and PAT for the quarter and full year. Consolidated EBITDA for the fourth quarter stood at ₹10,296 crore, up 43% from the year ago-quarter, and Net Profit increased to ₹5,284 crore, up 66% over the prior year period.</p><p>The outstanding results were driven by a strong performance by the Indian operations, supported by favourable macros and lower inputs costs. Despite headwinds, <a href="/businesses/companies/novelis-inc/">Novelis </a>delivered a resilient performance with strong shipments in both the fourth quarter and the full year, led by robust demand for beverage packaging.<br>&nbsp;</p><figure class="table"><table><tbody><tr><td><strong>Particulars</strong></td><td style="text-align:center;"><strong>Q4 FY24</strong></td><td style="text-align:center;"><strong>Q3 FY25</strong></td><td style="text-align:center;"><strong>Q4 FY25</strong></td><td style="text-align:center;"><strong>FY24</strong></td><td style="text-align:center;"><strong>FY25</strong></td></tr><tr><td><strong>Revenue from Operations</strong></td><td style="text-align:center;">55,994</td><td style="text-align:center;">58,390</td><td style="text-align:center;">64,890</td><td style="text-align:center;">2,15,962</td><td style="text-align:center;">2,38,496</td></tr><tr><td><strong>Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA)</strong></td><td style="text-align:center;">7,201</td><td style="text-align:center;">8,108</td><td style="text-align:center;">10,296</td><td style="text-align:center;">25,728</td><td style="text-align:center;">35,496</td></tr><tr><td><strong>Profit before Depreciation and Tax (PBDT)</strong></td><td style="text-align:center;">6,313</td><td style="text-align:center;">7,291</td><td style="text-align:center;">9,422</td><td style="text-align:center;">21,870</td><td style="text-align:center;">32,077</td></tr><tr><td><strong>Profit Before Tax (After Exceptional Item)</strong></td><td style="text-align:center;">4,136</td><td style="text-align:center;">5,296</td><td style="text-align:center;">6,550</td><td style="text-align:center;">14,012</td><td style="text-align:center;">22,337</td></tr><tr><td><strong>Profit/ (Loss) After Tax (PAT)</strong></td><td style="text-align:center;">3,174</td><td style="text-align:center;">3,735</td><td style="text-align:center;">5,284</td><td style="text-align:center;">10,155</td><td style="text-align:center;">16,002</td></tr><tr><td><strong>EPS (₹/Share) - Basic</strong></td><td style="text-align:center;">14.29</td><td style="text-align:center;">16.82</td><td style="text-align:center;">23.80</td><td style="text-align:center;">45.71</td><td style="text-align:center;">72.05</td></tr></tbody></table><figcaption><strong>Summary of Consolidated Financial Highlights for the Quarter and Full Year ended March 31, 2025 (₹ Crore)</strong></figcaption></figure><p>&nbsp;</p><p><strong>Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries, said,</strong> “<i>Hindalco delivered an all-time high performance in FY25, driven by strong operational resilience, cost discipline, and continued momentum across all our businesses. Our Aluminium Upstream business in India remained a strong anchor, complemented by robust growth in the downstream business. The Copper business achieved a record EBITDA backed by strong value-added product sales. Despite tighter scrap spreads, Novelis delivered a resilient performance through increased beverage can shipments.</i></p><p><i>Hindalco is poised to enter a phase of accelerated growth backed by robust resource security in bauxite and coal and strengthened by strategic investments across Aluminium and Copper. Our copper smelter expansion, e-waste recycling and copper value-added products, are progressing steadily, while in Specialty Alumina, we are scaling up with a differentiated, high-value portfolio.</i></p><p><i>With strategic investments in people, production, and technology, Hindalco is all set to offer industry solutions that are innovative, sustainable, and future-ready, aligning to its core philosophy of ‘Engineering Better Futures’.</i></p><p><i>On the ESG front, we continue to make progress on climate actions, waste recycling, water conservation, and biodiversity protection, solidifying our position as the World’s Most Sustainable Aluminium Company in 2024.</i>”</p><h3><br><strong>Segment-wise Performance for Q4 FY25</strong></h3><h4><strong>Novelis (As per US GAAP)</strong></h4><figure class="table" style="float:left;"><table><tbody><tr><td><strong>Particulars</strong></td><td style="text-align:center;"><strong>UOM</strong></td><td style="text-align:center;"><strong>Q4 FY24</strong></td><td style="text-align:center;"><strong>Q4 FY25</strong></td><td style="text-align:center;"><strong>FY24</strong></td><td style="text-align:center;"><strong>FY25</strong></td></tr><tr><td><strong>Shipments</strong></td><td style="text-align:center;">KT</td><td style="text-align:center;">&nbsp;951</td><td style="text-align:center;">&nbsp;957</td><td style="text-align:center;">3673</td><td style="text-align:center;">3757</td></tr><tr><td><strong>Revenue</strong></td><td style="text-align:center;">$ Bn</td><td style="text-align:center;">4.1</td><td style="text-align:center;">4.6</td><td style="text-align:center;">16.2</td><td style="text-align:center;">17.1</td></tr><tr><td><strong>Adjusted EBITDA</strong></td><td style="text-align:center;">$ Mn</td><td style="text-align:center;">514</td><td style="text-align:center;">473</td><td style="text-align:center;">1873</td><td style="text-align:center;">1802</td></tr><tr><td><strong>EBITDA/ton &nbsp; &nbsp;</strong></td><td style="text-align:center;">$/ton</td><td style="text-align:center;">540</td><td style="text-align:center;">494</td><td style="text-align:center;">510</td><td style="text-align:center;">480</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;"><span style="display:none;">&nbsp;</span></div><ul><li>Shipments at 957 KT, up 1% YoY&nbsp;&nbsp;</li><li>Revenue at $4.6 billion, up 13%, driven by higher average aluminium prices&nbsp;&nbsp;</li><li>Adjusted EBITDA at $473 million, down 8% impacted by higher aluminium scrap prices and operating costs, partially offset by higher product pricing&nbsp;&nbsp;</li><li>Net Income at $294 million, up 77%, primarily driven by favourable metal price lag, gains in unrealized derivatives, and a lower income tax provision&nbsp;&nbsp;</li><li>Maintained recycled content at 63% in FY25&nbsp;&nbsp;</li><li>Novelis commissioned two recycling centres (UAL, Guthrie) during FY25 to drive increased scrap consumption&nbsp;&nbsp;</li><li>Novelis’ Bay Minette and other strategic investments projects remain on track</li></ul><div class="page-break" style="page-break-after:always;"><span style="display:none;">&nbsp;</span></div><h4><br><strong>Aluminium (India)</strong></h4><p><strong>Aluminium Upstream:</strong></p><figure class="table" style="float:left;"><table><tbody><tr><td><strong>Particulars (Aluminium Upstream)</strong></td><td style="text-align:center;"><strong>UOM</strong></td><td style="text-align:center;"><strong>Q4 FY24</strong></td><td style="text-align:center;"><strong>Q4 FY25</strong></td><td style="text-align:center;"><strong>FY24</strong></td><td style="text-align:center;"><strong>FY25</strong></td></tr><tr><td><strong>Shipments</strong></td><td style="text-align:center;">KT</td><td style="text-align:center;">337</td><td style="text-align:center;">332</td><td style="text-align:center;">1,346</td><td style="text-align:center;">1,327</td></tr><tr><td><strong>Revenue</strong></td><td style="text-align:center;">₹ Cr</td><td style="text-align:center;">8,469</td><td style="text-align:center;">10,311</td><td style="text-align:center;">32,382</td><td style="text-align:center;">38,268</td></tr><tr><td><strong>Segment EBITDA</strong></td><td style="text-align:center;">₹ Cr</td><td style="text-align:center;">2,709</td><td style="text-align:center;">4,838</td><td style="text-align:center;">9,161</td><td style="text-align:center;">16,262</td></tr><tr><td><strong>EBITDA/tonne</strong></td><td style="text-align:center;">$/ton</td><td style="text-align:center;">967</td><td style="text-align:center;">1,684</td><td style="text-align:center;">822</td><td style="text-align:center;">1,449</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;"><span style="display:none;">&nbsp;</span></div><ul><li>Quarterly Upstream revenue at ₹10,311 crore, up 22% YoY&nbsp;&nbsp;</li><li>Record Aluminium Upstream EBITDA at ₹4,838 crore, up 79% YoY, driven by lower input costs and favourable macros&nbsp;&nbsp;</li><li>Aluminium Upstream EBITDA per tonne at $1,684, up 74%, with industry-best margins of 47%&nbsp;&nbsp;</li><li>Hindalco secures Meenakshi coal mines with an annual capacity of 12 million tonnes, boosting resource securitization<br>&nbsp;</li></ul><p><strong>Aluminium Downstream:</strong></p><ul><li>Sales of Aluminium Downstream at 105 KT, flat YoY&nbsp;&nbsp;&nbsp;</li><li>Downstream revenue at ₹3,595 crore, up 23% YoY&nbsp;&nbsp;</li><li>Record Aluminium Downstream EBITDA at ₹219 crore, up 52% due to favourable product mix&nbsp;&nbsp;</li><li>Downstream EBITDA per tonne at $240, up 46% YoY&nbsp;&nbsp;</li><li>10,000 aluminium battery enclosures delivered for Mahindra’s e-SUVS – BE 6 and XEV 9e, from Hindalco’s dedicated EV component manufacturing facility in Chakan</li></ul><h4><br><strong>Copper (India)</strong></h4><figure class="table" style="float:left;"><table><tbody><tr><td><strong>Particulars</strong></td><td style="text-align:center;"><strong>UOM</strong></td><td style="text-align:center;"><strong>Q4 FY24</strong></td><td style="text-align:center;"><strong>Q4 FY25</strong></td><td style="text-align:center;"><strong>FY24</strong></td><td style="text-align:center;"><strong>FY25</strong></td></tr><tr><td><strong>Metal Sales^</strong></td><td style="text-align:center;">KT</td><td style="text-align:center;">135</td><td style="text-align:center;">135</td><td style="text-align:center;">506</td><td style="text-align:center;">491</td></tr><tr><td><strong>^Of which CCR Sales</strong></td><td style="text-align:center;">KT</td><td style="text-align:center;">98</td><td style="text-align:center;">109</td><td style="text-align:center;">389</td><td style="text-align:center;">394</td></tr><tr><td><strong>Revenue</strong></td><td style="text-align:center;">₹ Cr</td><td style="text-align:center;">13,424</td><td style="text-align:center;">14,565</td><td style="text-align:center;">49,321</td><td style="text-align:center;">54,703</td></tr><tr><td><strong>Segment EBITDA</strong></td><td style="text-align:center;">₹ Cr</td><td style="text-align:center;">776</td><td style="text-align:center;">614</td><td style="text-align:center;">2,616</td><td style="text-align:center;">3,025</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;"><span style="display:none;">&nbsp;</span></div><ul><li>Copper metal sales at 135 KT, flat YoY&nbsp;&nbsp;&nbsp;</li><li>Record Copper Continuous Cast Rod (CCR) sales at 109 KT, up 12%&nbsp;&nbsp;&nbsp;</li><li>Revenue at ₹14,565 crore, up 8%&nbsp;&nbsp;&nbsp;</li><li>Maintained healthy EBITDA of ₹614 crore, despite sharply declining TC/RCs&nbsp;&nbsp;</li><li>Copper Tubes project in commissioning phase&nbsp;&nbsp;</li><li>Construction of copper recycling project progressing on schedule&nbsp;</li></ul><h3><br><strong>Awards and Recognition</strong></h3><ul><li>Hindalco Copper, Dahej conferred the CII National Award for Excellence in Water Management&nbsp;</li><li>Belagavi Alumina Plant recognized with the GreenCo Gold Award from CII for its green manufacturing and sustainability initiatives</li><li>Hindalco in Top 10 of the ‘Great Place to Work’ list in Health and Wellness for 2024</li><li>Novelis honoured with Embraer Best Supplier Award in the Standards &amp; Materials category&nbsp;</li><li>Novelis recognised with Sustainability Excellence Award at the Coca-Cola Supplier Summit</li></ul>

Hindalco Q4 FY25 Results: FY25 Consolidated PAT up 58%; Q4 Consolidated PAT up 66% 

<ul><li>Consolidated Revenue<sup>1</sup>: &nbsp;14,138 crore in Q4 FY25 (↑13% y-o-y) and &nbsp;47,369 crore (↑ 20% y-o-y) in FY25&nbsp;</li><li>Consolidated operating profit<sup>1,2</sup>: &nbsp;1,672 crore in Q4 FY25 (↑25% y-o-y) and 5,475 crore (↑ 19% y-o-y) in FY25 &nbsp;</li><li>NBFC AUM: 1,26,351 crore (↑ 20% y-o-y and 6% q-o-q)</li><li>HFC AUM: 31,053 crore (↑ 69% y-o-y and 16% q-o-q)</li><li>Mutual fund quarterly average AUM: 3,81,724 crore (↑ 15% y-o-y)</li><li>Life insurance individual first year premium: ` &nbsp;4,115 crore in FY25 (↑ 34% y-o-y)</li><li>Health insurance gross written premium: 4,940 crore in FY25 (↑ 33% y-o-y)&nbsp;</li><li>Udyog Plus, B2B platform for MSMEs crossed &nbsp;3,500 crore AUM till date</li><li>ABCD, omnichannel D2C platform with ~ 5.5 mn customer acquisitions till date</li></ul><p>&nbsp;</p><p>Aditya Birla Capital Limited (“The Company”) announced its audited financial results for the quarter and year ended March 31, 2025.</p><p>The consolidated revenue<sup>1</sup> grew by 13% year-on-year to 14,138 crore in Q4 FY25 and 20% year-on-year to 47,369 crore in FY25. The consolidated operating profit grew by 25% year-on-year to &nbsp;1,672 crore in Q4 FY25 and 19% year-on-year to &nbsp;5,475 crore in FY25. The consolidated profit after tax grew by 6% year-on-year to 865 crore in Q4 FY25 and 8% year-on-year to 3,142 crore in FY25. The overall lending portfolio (NBFC and HFC) grew by 27% year-on-year and 8% sequentially to 1,57,404 crore as on March 31, 2025. The total AUM (AMC, life insurance and health insurance) grew by 17% year-on-year to 5,11,260 crore as on March 31, 2025. The total premium (life insurance and health insurance) grew by 22% year-on-year to 25,579 crore in FY25.</p><p>The Company’s omnichannel architecture allows customers to choose the channel of their choice and interact seamlessly across digital platforms, branches and VRMs, fostering engagement and loyalty. The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 25 products and services such as payments, loans, insurance, and investments. It helps customers to fulfil their financial needs and serves as an acquisition engine for the Company. The platform has witnessed a strong response with about 5.5 million customer acquisitions till date.&nbsp;</p><p>The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with more than 2.2 million registrations. The Company is also seeing an increased adoption from its existing customers, and as a result the total portfolio of Udyog Plus has crossed &nbsp;3,500 crore as of March 31, 2025.&nbsp;</p><p>The Company also continues to expand its physical footprint with a pan-India presence of 1,623 branches across all businesses as of March 31, 2025. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments.</p><p>The Board of Directors of the Company and Aditya Birla Finance had approved the Scheme of Amalgamation of Aditya Birla Finance Limited, the Company’s wholly owned subsidiary with itself. The amalgamation has been successfully completed following all requisite approvals. The appointed date of amalgamation is April 1, 2024 and effective date is April 1, 2025. The Company now has two business segments, the NBFC lending business and the investment business through which it will continue to hold investments in all its subsidiaries, JVs and associate businesses.&nbsp;&nbsp;<br>&nbsp;</p><h3><strong>Highlights of NBFC business&nbsp;</strong></h3><ul><li>Disbursements grew by 28% sequentially and 8% year-on-year to 19,523 crore in Q4 FY25</li><li>AUM grew by 6% sequentially and 20% year-on-year and to 1,26,351 crore&nbsp;</li><li>Loans to Retail, SME and HNI customers constitute 64% of the total portfolio&nbsp;</li><li>Profit before tax grew by 11% year-on-year to 877 crore in Q4 FY25 and 12% year-on-year to 3,360 crore in FY25</li><li>Return on assets was 2.25% in Q4 FY25 and 2.27% in FY25</li><li>Gross stage 2 and 3 ratio improved by 47 bps sequentially and 71 basis points year-on-year to 3.78%</li></ul><h3><br><strong>Highlights of Housing Finance business&nbsp;</strong></h3><ul><li>Disbursements grew by 98% year-on-year to &nbsp;5,820 crore in Q4 FY25 and 109% year-on-year &nbsp;to 17,468 crore in FY25</li><li>AUM grew by 69% year-on-year and 16% sequentially to 31,053 crore&nbsp;</li><li>Profit before tax grew by 28% year-on-year to ` 121 crore in Q4 FY25 and 11% year-on-year to ` 419 crore in FY25</li><li>Return on assets was 1.44% in Q4 FY25 and 1.46% in FY25</li><li>Return on equity was 10.95% in Q4 FY25 and 11.03% in FY25&nbsp;</li><li>Gross stage 3 ratio improved by 33 bps sequentially and 116 basis points year-on-year to 0.66%</li></ul><h3><br><strong>Highlights of Asset Management business&nbsp;</strong></h3><ul><li>Mutual fund quarterly average assets under management (QAAUM) grew by 15% year-on-year to 3,81,724 crore in Q4 FY25, with equity mix at 44.3%</li><li>Equity QAAUM grew by 11% year-on-year to 1,69,065 crore in Q4 FY25</li><li>Individual monthly average assets under management grew by 6% year-on-year to 1,84,471 crore</li><li>Monthly systematic investment plan (SIP) flows grew by 5% year-on-year to 1,316 crore in March 2025</li><li>Operating profit grew by 20% year-on-year to 233 crore in Q4 FY25 and 31% year-on-year to 944 crore in FY25</li></ul><h3><br><strong>Highlights of Life Insurance business&nbsp;</strong></h3><ul><li>Individual First Year Premium (FYP) grew by 34% year-on-year to 4,115 crore in FY25</li><li>Group New Business Premium grew by 23% year-on-year to 5,586 crore in FY25</li><li>Market share in individual FYP increased by 68 basis points year-on-year to 4.84% in FY25</li><li>13th month persistency continued to be top quartile in industry at 88% in FY25</li><li>Value of new business (VNB) grew by 17% year-on-year to 818 core with Net VNB margin at 18.0% in FY25</li><li>Embedded value grew by 20% year-on-year to 13,812 crore as of March 31, 2025</li><li>AUM of life insurance business crossed 1 lakh crore in April 2025</li></ul><h3><br><strong>Highlights of Health Insurance business</strong></h3><ul><li>Gross written premium (GWP) grew by 33% year-on-year to 4,940 crore</li><li>Market share among standalone health insurers (SAHI) increased by 137 basis points year-on-year to 12.6%&nbsp;</li><li>Combined ratio improved to 105% from 110% in FY25</li><li>One of the fastest SAHI player to achieve break even with fastest growing player.</li></ul><p><br><span style="font-size:12px;"><sup>1</sup> Consolidated segment revenue and profit before tax; for Ind AS statutory reporting purpose Asset management, wellness business and health insurance are not consolidated and included under equity accounting.&nbsp;</span>&nbsp;&nbsp;<br><span style="font-size:12px;"><sup>2</sup> Excluding gain on sale of shares in subsidiaries/associates&nbsp;</span></p>

Aditya Birla Capital announces Q4FY25 and FY25 results

<figure class="table"><table><tbody><tr><td>&nbsp;</td><td><strong>Q4FY’25</strong></td><td><strong>Q4FY’24</strong></td><td><strong>FY’25</strong></td><td><strong>FY’24</strong></td></tr><tr><td><strong>Net Sales</strong></td><td>22,788</td><td>20,069</td><td>74,936</td><td>69,810</td></tr><tr><td><strong>PBIDT</strong></td><td>4,721</td><td>4,250</td><td>13,302</td><td>13,586</td></tr><tr><td><strong>PAT</strong></td><td>2,482</td><td>2,258</td><td>6,039</td><td>7,005</td></tr></tbody></table><figcaption><span style="font-family:&quot;Arial&quot;,sans-serif;font-size:10.0pt;"><span style="line-height:107%;mso-ansi-language:EN-IN;mso-bidi-language:AR-SA;mso-fareast-font-family:Aptos;mso-fareast-language:EN-US;mso-fareast-theme-font:minor-latin;mso-font-kerning:0pt;mso-ligatures:none;"><strong>Consolidated (Rs. Crores)</strong></span></span></figcaption></figure><p>The Composite Scheme of Arrangement between Kesoram Industries Limited, the Company and their respective shareholders and creditors is effective from 1st March, 2025. The Appointed Date being 1st April, 2024, previous year figures have been restated in accordance with the provisions of IndAS.<br>&nbsp;</p><h3>Leading with Scale, Growing in Strength and Winning with Purpose</h3><p>UltraTech Cement Limited today announced its financial results for the quarter and year ended 31st March, 2025.</p><p>The Company’s consolidated sales volumes reached 41.02 ml mt for the quarter, growing by 17%. Excluding acquired assets, operating EBITDA/mt was Rs.1,270/mt, up 7% YoY and 32% QoQ. The Company also achieved over 1GW capacity of renewable power installations, making UltraTech one of the first industrial companies in India to commission 1 Gigawatt of Renewable Energy capacity for captive use.<br>&nbsp;</p><h3>FINANCIALS</h3><h4><br>Q4FY2024-25</h4><p>Consolidated Net Sales was Rs. 22,788 crores, vis-à-vis Rs. 20,069 crores in the corresponding period of the previous year. Profit before interest, depreciation and tax was Rs. 4,721 crores compared to Rs. 4,250 crores in the corresponding period of the previous year. Profit after tax was Rs. 2,482 crores compared to a profit Rs. 2,258 crores in the corresponding period of the previous year.</p><h4>FY2024-25</h4><p>The Company achieved sales volumes of 135.83 ml mt for the year, one of the highest globally (excluding China). Consolidated Net Sales for the year reached Rs. 74,936 crores, up from Rs. 69,810 crores last year. Profit before interest, depreciation, and tax was Rs. 13,302 crores, a slight decrease from Rs. 13,586 crores in the previous fiscal year. UltraTech added 42.60 mtpa through organic and inorganic growth during FY25, resulting in profit after tax decreasing to Rs. 6,039 crores from Rs. 7,005 crores due to increased interest and depreciation.<br>&nbsp;</p><h3>OPERATIONS</h3><p>Energy costs were lower by 14% YoY, mainly on account of decrease in fuel cost which was Rs.881/t in Q4FY25 compared to Rs.1025/t in Q4FY24. Effective capacity utilization was 89% during the quarter and 78% for the full year.<br>&nbsp;</p><h3>DIVIDEND</h3><p>The Board of Directors at their meeting held today have recommended a dividend of 775%&nbsp;at the rate of Rs.77.50/- per equity share of face value of Rs.10/- per share, aggregating Rs.2,283.75 crores. In terms of the provisions of the Finance Act, 2020, the dividend shall be taxed in the hands of shareholders at applicable rates of tax and the Company shall withhold tax at source appropriately.<br>&nbsp;</p><h3>CAPEX</h3><p>UltraTech’s expansion program is progressing as per schedule.</p><p>As part of its ongoing capacity expansion program, UltraTech commissioned 17.40 mtpa capacity across several locations in the country during FY25. It also set up its first bulk terminal in Uttar Pradesh at Lucknow with a capacity to handle 1.8 mtpa of cement.</p><p>UltraTech’s domestic grey cement capacity has increased to 183.36 mtpa, on a consolidated basis. Together with its overseas capacity of 5.4 mtpa, the Company’s global capacity stands at 188.76 mtpa.</p><p>As India’s leading cement player, UltraTech is well placed to support the country in its exciting growth journey ahead.<br>&nbsp;</p><h3>CORPORATE DEVELOPMENT</h3><p>Upon receipt of unconditional approval from the Competition Commission of India, UltraTech acquired the equity stake of the erstwhile promoters and members of the promoter group of The India Cements Limited (“ICEM”), resulting in ICEM becoming a subsidiary company with effect from 24th December, 2024. Additionally, UltraTech made an open offer to the public shareholders of ICEM to acquire equity shares representing 26% of ICEM’s equity share capital. Consequently, UltraTech’s total shareholding in ICEM stands at 25,25,29,160 equity shares of Rs.10/- each, representing 81.49% of ICEM’s equity share capital.</p><p>The Composite Scheme of Arrangement between Kesoram Industries Limited (“Kesoram”) and the Company became effective from 1st March, 2025. The Appointed Date of the Scheme is 1st April, 2024 from which date Kesoram’s Cement Business stands transferred to and vested in the Company as a going concern. In terms of the Scheme, UltraTech allotted 59,74,301 equity shares of Rs. 10/- each to shareholders of Kesoram in the ratio of 1 (one) equity share of Rs. 10/- each of the Company for every 52 (fifty-two) equity shares of Rs. 10/- each held in Kesoram.</p><p>In a separate development, UltraTech’s Board approved acquisition of 6,42,40,000 equity shares of Rs. 10/- each of Wonder WallCare Private Limited (“Wonder WallCare”), engaged in the manufacture of wall putty and related products for an Enterprise Value not exceeding Rs. 235 crores. Upon completion of the acquisition, Wonder WallCare will become a wholly-owned subsidiary of the Company.<br>&nbsp;</p><h3>SUSTAINABILITY</h3><p>UltraTech was awarded in the “Circular Business Model-Matured category” within the Indian cement industry at the first Global Symposium and Awards on Resource Efficiency and Circular Economy, hosted by FICCI. The symposium's theme was “Scaling Resource Efficiency &amp; Circular Economy: Pathway for Global Sustainability.” UltraTech demonstrated effective resource utilisation and significant contributions to enhancing resource efficiency and the circular economy through innovative initiatives, digitalisation, and technology interventions. UltraTech prioritises material circularity to address issues such as overutilisation of resources, rising costs of natural raw materials, and waste disposal. By using alternative fuels and raw materials in its manufacturing processes, UltraTech reduces the use of natural resources and minimizes landfill waste, thus conserving natural resources and lowering environmental impacts.</p><p>Continuing its stated commitment towards enhancing environment conservation measures,&nbsp;UltraTech added 269 MW of renewable power during the quarter. Combined with its 342 MW in Waste Heat Recovery Systems (WHRS), UltraTech’s total green energy capacity has now reached 1.363 GW, which will cover about 46% of UltraTech’s current power needs.<br>&nbsp;</p><h3>GOING FORWARD</h3><p>Given the government’s focus on infrastructure and housing projects, along with increased rural and urban demand, a sustainable volume growth of 7- 8% is expected, going forward.</p><p>While the sector may face short-term challenges, the long-term outlook is indicating signs of improvement with stable demand likely to support growth.</p>

UltraTech Announces Q4 FY2025 Results

<p>The strategic decision aims to accelerate <a href="/businesses/companies/ultratech-cement-limited/">UltraTech Cement’s</a> expansion in the white cement based putty and value added products’ segment.</p><p>The Company’s Board of Directors at its meeting held today, approved the purchase of 100% equity of Wonder WallCare at an Enterprise Value not exceeding Rs. 235 crores. The Company has executed a Share Purchase Agreement with the existing shareholders of Wonder WallCare. The deal is expected to close in the next 90 days, subject to applicable regulatory approvals and compliances.</p><p>This acquisition gives UltraTech, access to a new state-of-the-art 6 lac MT per annum manufacturing plant for wall putty and related products at Rajsamand - Nathdwara, Rajasthan. The plant is situated at the pithead of large high quality raw material reserves, and in close proximity to the Company’s existing putty manufacturing facilities in Rajasthan. Constructed in 2022-23, this plant is one of the largest single-location putty manufacturing sites in India, with a capability to ramp up its capacities in future. This acquisition will help the Company expand its putty and Value-Added Products’ production capacity, in the highly competitive and fragmented putty manufacturing market in India.</p><p>With the rapid pace of urbanisation and growing real estate construction in India, alongside Hon’ble Prime Minister, Shri Narendra Modiji’s vision of ‘Make in India’ and ‘Atmanirbhar Bharat’, this acquisition aligns well with the Company’s strategy to support high quality real estate and contribute to infrastructure, manufacturing and economic growth.</p>

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<p>With a focus on natural materials and end-to-end transparency, Liva Home by Birla Cellulose echoes Aditya Birla Group’s broader commitment to being a Force for Good, right down to the fabric of our living spaces. Can home linen be both luxurious and environment friendly?</p><p>To answer this question, Birla Cellulose launched Liva Home in December 2018. An extension of the Liva fibre brand popular in the fashion segment, Liva Home brings the same fibre technology to home textiles, offering products that combine softness, performance, and sustainability.</p><p>The idea behind Liva Home was simple: to use the Group’s strength in fibre innovation to create home textile products that are both high-quality and responsibly made. The result is a wide range of planet friendly textiles for everyday living, designed to do more than just feel good and look good.<br>&nbsp;</p><h3><strong>Thoughtful living, everyday</strong></h3><p><img class="image-style-align-left image_resized" style="width:50%;" src="https://www.cms.adityabirla.com/uploads/classic_bedroom_scandinavian_modern_style_minimalistic_interior_design_background_0150f31fff.webp" alt="classic-bedroom-scandinavian-modern-style-minimalistic-interior-design-background.webp">The Liva Home portfolio includes bed linen, furnishings, floor coverings, bath linen, and kitchen textiles. Each category reflects the natural properties of Birla Cellulose fibre, which is plant-based, skin-friendly, breathable, and designed for long-term use.</p><p><strong>Bed Linen:</strong> Liva Home’s bed sheets, comforters and duvets are known for their soft texture and smooth finish. The fibre’s natural breathability ensures that the fabric stays cool in summer and warm in winter. Designs range from subtle florals to structured geometrics, catering to a variety of aesthetic preferences.</p><p><strong>Furnishings:</strong> In upholstery and drapery, Liva Home fabrics offer vibrant colours, good drape, and long-lasting shades. Many products are made using Birla Cellulose-based chenille yarns, including variants like Slubs and Spunshades, which add texture and richness to the material.</p><p><strong>Floor Coverings:</strong> Carpets and durries (Dhurries)made with Birla Cellulose fibre are soft to the touch and have a silk-like sheen. They are available in a variety of bright colours and ornate patterns, and are designed to bring warmth and a finished look to living spaces.</p><p><strong>Bath Linen:</strong> Liva Home’s towels and bath products are made using fibres known for their high absorbency and soft, lightweight feel. The fabric retains its softness even after multiple washes, making it suitable for daily use.</p><p><strong>Kitchen Linen:</strong> Kitchen and dining linen products combine bright shades with easy maintenance. The natural structure of the fibre ensures that colours remain intact over time, and the texture stays smooth and comfortable even after repeated use.<br>&nbsp;</p><h3><strong>Woven with responsibility</strong></h3><p>What sets Liva Home apart isn't just how the products feel—it’s the way it’s made.<br>At its heart is the cellulosic fibre, derived from wood pulp and produced through processes that place a strong emphasis on sustainability. Birla Cellulose fibres can be traced to responsibly sourced forests that are managed with environmentally friendly processes. The company’s forestry practices are designed to protect biodiversity and ensure that endangered species and high conservation value (HCV) zones are left undisturbed.</p><p>In the textile industry where the origins are often obscured, Birla Cellulose has pioneered a revolutionary breakthrough: introducing GreenTrack™, a blockchain-based platform that enables real-time, end-to-end traceability of every fibre.</p><p>Every step of the journey—from forest to fibre to fabric—is recorded and made visible. Through a simple scan of a code, brands and consumers alike can trace the exact origin and path their fibres have travelled in their bedsheets, curtains, or bath towels. Not merely a tool for traceability, GreenTrack™ is a bold declaration of transparency, trust, and accountability.</p><p>By combining thoughtful sourcing with digital transparency, Liva Home makes homes comfortable and eco-conscious.</p>

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From forest to furnishing: The story of Liva Home

<p>In a strategic move, India’s largest fashion player Aditya Birla Fashion and Retail Ltd. (ABFRL) has demerged into two entities that are planning stronger growth trajectories in their carved-out markets.</p><p>FY2025 was a landmark year for Aditya Birla Fashion and Retail Ltd., a fashion behemoth that had grown into not just a house but a mansion of great fashion brands -- which together had pooled in nearly Rs. 14,000 crore the previous year, all from retailing peak fashion in over 900 cities and towns of India.&nbsp;</p><p>Having built this unprecedented size and scale in the fashion space, Aditya Birla Group took a strategic decision to demerge ABFRL’s erstwhile Madura business into <a target="_blank" rel="noopener noreferrer" href="https://www.ablbl.in/">Aditya Birla Lifestyle Brands Limited (ABLBL)</a> . The move enables both entities to better leverage its strengths and capabilities for an exciting new future.</p><h3><br><strong>ABLBL’s portfolio of brands</strong></h3><p>The new entity Aditya Birla Lifestyle Brands Ltd. now holds some of India’s best-known brands in its kitty.</p><ul><li>Lifestyle brands – Louis Philippe, Van Heusen, Peter England, Allen Solly, Simon Carter</li><li>Sportswear – Reebok</li><li>Van Heusen innerwear</li><li>Youth western wear – American Eagle&nbsp;</li></ul><h3><br><strong>ABFRL’s portfolio of brands</strong></h3><p>The post-demerger entity ABFRL has a powerful vision for meeting India’s need for smart and trendy apparel. It covers a wide selection of options, ranging all the way from mass appeal and digital-first brands to luxury offerings and designer couture.&nbsp;</p><ul><li>Masstige &amp; Value Retail&nbsp;<ul><li>Masstige fashion – Pantaloons&nbsp;</li><li>Value fashion – StyleUp</li></ul></li><li>Ethnic Brands&nbsp;<ul><li>Designer led brands – Sabyasachi, Shantnu and Nikhil, House of Masaba, Tarun Tahiliani&nbsp;</li><li>Premium wear brands – TASVA, TCNS Brands, Jaypore</li></ul></li><li>Luxury Retail&nbsp;<ul><li>Luxury – Galeries Lafayette, Christian Louboutin&nbsp;</li><li>Super premium – The Collective &amp; Mono Brands</li></ul></li><li>Digital First Brands&nbsp;<ul><li>Large size brands – Bewakoof, The Indian Garage Co, Wrogn&nbsp;</li><li>Mid-size brands – Urbano, Veirdo, Nobero, Juneberry</li></ul></li></ul><h3><br><strong>A legacy in Lifestyle </strong><img class="image_resized image-style-align-right" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/the_abfrl_demerger_two_paths_one_vision_a_legacy_in_lifestyle_26bb5b231a.webp" alt="the-abfrl-demerger-two-paths-one-vision-a-legacy-in-lifestyle.webp"></h3><p>Before the demerger, ABFRL occupied a unique position as India’s only apparel player to have a comprehensive portfolio across all consumer and price segments, from denims to designer wear to D2C digital-first brands.&nbsp;</p><p>This growth journey dates back to 1988 when Madura Garments was established and went on to make waves in the India market with the launch of iconic brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England.&nbsp;</p><p>The Madura business was acquired by Aditya Birla Group in 1999, marking the conglomerate’s entry into the fashion and lifestyle space. Pantaloons came into the fold in 2012, and the consolidated business was renamed as Aditya Birla Fashion and Retail Limited in 2015. The business continued to grow with the launch of home-grown brands as well as the acquisition of well-known brands, soon establishing itself as India’s largest player in the dynamic fashion and lifestyle space.&nbsp;&nbsp;<br>&nbsp;</p><h3><img class="image_resized image-style-align-left" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/the_abfrl_demerger_two_paths_one_vision_future_of_fashion_d147f65bae.webp" alt="the-abfrl-demerger-two-paths-one-vision-future-of-fashion.webp"><strong>Future of fashion</strong></h3><p>With the demerger in FY25, Aditya Birla Group has taken big strides towards participating more intensely in India’s lifestyle and fashion consumption story. ABLBL and ABFRL will operate as two independent growth engines with distinct capital structures, clear capital allocation and parallel value creation trajectories.&nbsp;</p><p>ABLBL carries with it legacy brands with 30+ years of maintaining a strong consumer connect and financial track record, such as:&nbsp;</p><ul><li>Robust revenue growth</li><li>Profitability</li><li>Free cashflows</li><li>High ROCE&nbsp;<br>&nbsp;</li></ul><p>Clearly, ABLBL’s strong balance sheet will continue to power its growth aspirations for the Indian market.&nbsp;</p><p>The demerged ABFRL entity too offers an exciting vision for India’s fashion consumers, with a portfolio that comprises key brands in high-growth segments and a large total addressable market (TAM). Moreover, it stands poised to be backed by sectoral tailwinds, such as a consumer shift from unbranded to branded apparel, a trend towards premiumisation, and a growing Gen Z audience that is comfortable with e-commerce and digital-first brands. With an eye to this market shift, ABFRL plans to boost its growth capital through fund raising.&nbsp;<br>&nbsp;</p><h3><strong>The benefits of demerging</strong></h3><p>The Group has articulated the many positives that will arise from the demerger.&nbsp;</p><ul><li>Operating architecture for both companies will allow sharper focus on their individual business strategies.</li><li>Existing shareholders can unlock value for the overall business portfolio through price discovery of the individual entities.</li><li>Separately listed companies can attract specific investors basis their business profile.</li><li>The two entities will be able to address stronger capital market outcomes.&nbsp;<br>&nbsp;</li></ul><p>In short, ABLBL will be able to unlock cash flow to fuel accelerated growth. Its high ROCE profile enables a clear path for independent value creation, offering a strong growth and profitability outlook.</p><p>The demerged ABFRL will focus on larger market segments (TAM) with high growth, leveraging its strengths in distribution. Its strengths include a large, comprehensive portfolio with leadership play, namely:</p><ul><li>Largest ethnic wear portfolio</li><li>Strong masstige and value retail business</li><li>Largest play western wear portfolio</li><li>Leading luxury retail play</li><li>Largest portfolio of digital fashion and lifestyle brands&nbsp;<br>&nbsp;</li></ul><h3><strong>Exciting horizon&nbsp;</strong></h3><p>Aditya Birla Group’s plans for the next five years for its two fashion businesses are hugely exciting and inspiring. The demerger marks a beginning of two focused journeys aligned with the evolving fashion landscape of India. With complementary strengths, distinct portfolios, and independent growth agendas, both entities are now better equipped to scale new heights. ABLBL’s vision is to double in scale and triple in cash profits. The demerged ABFRL entity plans to grow three-fold in scale. India’s fashion landscape has never been so exciting.</p>

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The ABFRL demerger: Two paths, one vision

Business

<p>A personal tragedy can often become the catalyst for positive action. Here is one such inspirational story of a village administrative officer, who became a force-for-good after he lost his brother and launched a free ambulance service in his memory</p><p>Durai Prithviraj can still recall the despair and helplessness that engulfed him when his younger brother met with a road accident in Madurai in 2011. His brother met an untimely end as an ambulance failed to reach the accident spot on time. Worse, Prithviraj struggled to find an ambulance or hearse to transport his brother’s mortal remains to his hometown of Aruppukottai in Virudhunagar district of Tamil Nadu.</p><p>“It was too costly, making me wonder, ‘What can a poor person do [in such a situation],” he recounts.</p><p>The incident had a lasting impact on Prithviraj, who works as a village administrative officer.</p><p>Determined not to let his brother’s death go in vain, he spent the next eight years trying to build up his savings. Finally, by 2018, he had saved enough money to buy a second-hand van and convert it into an ambulance to serve the poor.</p><p>&nbsp;</p><div class="video-responsive"><iframe src="https://www.youtube.com/embed/TgF85iBKMOY" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen=""></iframe></div><p>&nbsp;</p><p>“For the past seven years, I’ve been serving people through this no-fee ambulance. The only payment we ask for is love, and that’s a fee everyone should pay,” says Prithviraj, who runs three free ambulances in his hometown today. In fact, his ambulances played a crucial role in saving lives and ferrying the deceased during the Covid-19 pandemic, when he even lent one ambulance to the Virudhunagar Medical College Hospital.</p><p>Prithviraj does not just provide free ambulance services though. Through Rajesh Udhavum Karangal, the non-profit that he founded in his brother’s memory, he also provides free meals to the underprivileged residents of Aruppukottai, feeding over 1.5 lakh people to date, besides adopting orphans and burying over 100 unclaimed bodies. Donations and minimal fees from those who can afford to pay for the ambulance service are his sources of funding.</p><p>“What medicines and doctors can't achieve, compassion and humanity can. Let's stand together and do our part for those in need,” he states emphatically, determined to do his bit to alleviate the suffering of the poor and needy.</p><p>Aditya Birla Group is happy to partner The Better India to amplify positive stories of people acting as #AForceForGood.</p>

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