Aditya Birla Capital Q2 results: Net profit rises 42% to Rs 1,001 crore

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Aditya Birla Capital on Wednesday reported a 42 per cent increase in consolidated net profit to Rs 1,001 crore in the second quarter ended September 2024.

The financial services arm of Aditya Birla Group earned a net profit of Rs 705 crore in the same quarter in the previous financial year.

The consolidated profit after tax includes a gain of Rs 167 crore on sale of entire stake of 50 per cent in Aditya Birla Insurance Brokers Limited, Aditya Birla Capital Ltd said in a regulatory filing.

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Category: BusinessFinance

Markets: India

Topics: Q2 Aditya Birla Capital Profit Corporate earnings Q2 results Aditya Birla Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 15:34:26 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 273 words

Reading Time: 2 minutes read

Sentences: 11 lines

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Copyright Owner: © Business Standard

News ID: 23337218

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