02 August, 2019Share
|Particulars||FY 2018-19||FY 2019-20|
|Profit before Tax1 (pre minority interest)||427||552|
|Profit after Tax (after minority interest)||213||270||27%|
Mumbai: Aditya Birla Capital Limited (ABCL) announced its unaudited financial results for the quarter ended 30th June 2019.
Consolidated Revenue1 of the company grew 16 per cent year on year to Rs.3,962 Crores. The company’s consolidated profit after tax (after minority interest) reflected a growth of 27 per cent year on year to Rs.270 Crores, largely driven by profit growth in NBFC, Housing Finance and Asset Management businesses.
The performance highlights of the key underlying businesses of Aditya Birla Capital Ltd. were:
Housing Finance business
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 per cent basis to show holistic financial performance
Life Insurance business
Health Insurance business