31 January, 2020Share
|Quarter 3||Consolidated Results||Nine Months|
|FY 2018-19||FY 2019-20||Particulars||FY 2018-19||FY 2019-20|
|17%||214||250||Profit after Tax (after minority interest)||613||776||27%|
Mumbai: Aditya Birla Capital Limited (“Company”) announced its unaudited financial results for the quarter ended 31st December 2019.
Consolidated Revenue1 of the Company for the quarter grew 13 per cent year on year to Rs.4,645 Crores. The Company’s consolidated profit after tax (after minority interest) in Q3 FY 2019-20 grew by 17 per cent year on year to Rs.250 Crores, reflecting the strength of the diversified business portfolio. Considering the current business environment, the company continues to follow a disciplined approach in terms of balancing growth with a strong focus on the quality of business.
The performance highlights of the key underlying businesses of Aditya Birla Capital Ltd. were:
Housing Finance business:
Life Insurance business:
Health Insurance business:
Aditya Birla Capital has a diversified portfolio of businesses catering to the life time needs of its customers. This diversification also allows the conglomerate to capture opportunities in different segments of the market and deliver consistent growth.
1 Aditya Birla Sun Life AMC Ltd. and Aditya Birla Wellness Pvt. Ltd. consolidated based on equity accounting under Ind AS, Consolidated Revenue shown above includes
revenues from these two businesses on a 100% basis to show holistic financial performance