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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