Aditya birla capital q4 results: profit after tax rises 20% to rs 450 cr

Ajay Srinivasan, Chief Executive, Aditya Birla Capital, said, "The Company is well placed to capitalise on its strong franchise and the future opportunities in the financial services

space.” /Aditya Birla Capital logo | Twitter Aditya Birla Capital on Thursday reported a rise of 20 per cent in its consolidated profit after tax at Rs 450 crore in quarter ended March 2022.

The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, Aditya Birla Capital (ABCL) said in a release. For the entire financial year 2021-22,

the consolidated revenue grew 16 per cent year on year to Rs 23,633 crore. The consolidated profit after tax for the year grew 51 per cent to Rs 1,706 crore, the highest ever recorded by

the company, it added. Ajay Srinivasan, Chief Executive, Aditya Birla Capital Limited, said “The Company has built an integrated platform with high quality, significant scale and a retail

franchise of ~ 35 million active customers. We have tripled our profits over the last 5 years and nearly doubled our profit over the last two years, in spite of the several external

challenges. Our integrated and diversified model backed by our motivated teams have helped us deliver consistent growth in profitability across economic cycles and record results this

fiscal. The Company is well placed to capitalise on its strong franchise and the future opportunities in the financial services space” Stock of ABCL on Thursday closed at Rs 99.65, down by

2.73 percent from its previous close on the BSE.