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Aditya Birla Capital Q2FY25 results: Net profit up 42% to Rs 1,001 crore

Business Standard LogoBusiness Standard1d ago

Aditya Birla Capital Q2FY25 results: Net profit up 42% to Rs 1,001 crore - Business Standard

Quick Summary:

The gross written premium (GWP) grew by 43.2 per cent to Rs 1,130 crore in the quarter ended September 30, 2024.

During the post-earnings analyst meet, Vishakha Mulye, chief executive officer (CEO), Aditya Birla Capital, said, “In personal loan businesses, we are focused on increasing our sourcing from direct channels, such as branches and the newly launched ABCD app, and we expect the growth in personal loans to normalise in the next two quarters.

The individual first-year premium income of the life insurance business increased by 44.2 per cent in Q2 FY25 to Rs 745 crore.


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Published On: 2024-10-30 @ 19:19:37 (1 days ago)

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