Aditya Birla Capital Q3 results: Net profit down 4% at Rs 708 crore

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Aditya Birla Capital Q3 results: Net profit down 4% at Rs 708 crore - Business Standard

Quick Summary:

The capital adequacy ratio stood at 16.77 per cent, with Tier-I capital at 14.43 per cent at the end of December 2024.

ABCL, a holding entity for the Aditya Birla Group's financial services businesses, including lending, mutual funds, and insurance, saw its stock close 2.58 per cent lower at Rs 172.1 per share on the BSE.

However, the loan book expanded 21 per cent Y-o-Y to Rs 1.19 trillion.“The focus is on growing the MSME loan book, while growth in the personal and consumer loan segment will continue to be calibrated,” Singh said.