Aditya Birla Q4 Results: Net profit rises 35% to ₹608 crore, revenue up 31%

Aditya Birla Capital announced its Q4FY23 results reporting a net profit of 608 crore, registering a growth of 35 per cent compared to 450 crore in the corresponding period last year.  The revenue of the financial services company came in at 9,146 crore in the fourth quarter, reporting a growth of 31 per cent, compared to 6,962 crore in the year-ago period. 

As part of the company’s NBFC business, the loan book grew by 10 per cent sequentially and 46 per cent year-on-year to 80,556 crore as of March 31, 2023 backed by 57 per cent year-on-year growth in loans to retail, small, medium enterprises and and high net worth individuals (HNI) customers.

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