Mumbai: Aditya Birla Capital Saturday posted a 52 per cent growth in its March quarter net to ₹258.40 crore on a consolidated basis. The Aditya Birla group's financial services arm had posted a net profit of ₹169.45 crore in the year ago period. For the fiscal year ended March 31, the company posted a 25 per cent growth in net profit at ₹870.94 crore. Its total income for the reporting quarter grew to ₹4,730.80 crore from the ₹3,578.44 crore, it informed the stock exchanges. Among the multiple segments that it operates in, the Non Banking Finance Company posted a profit before tax of ₹352.70 crore against ₹280.77 crore; housing arm's PBT shot up to ₹40.36 crore from ₹12.77 crore, while the same for asset management company grew to ₹180.21 crore from ₹151.26 crore.

Source: Mint May 05, 2019 05:03 UTC