Aditya Birla Capital Ltd. · NSE:ABCAPITAL
Aditya Birla Capital — Q1 FY25 Earnings Presentation
65 slides from Aditya Birla Capital's earnings presentation, Aug 1, 2024
Slide 1: Q1 FY25 Financial Results Investor Presentation
Q1 FY25 FINANCIAL RESULTS INVESTOR PRESENTATION Aug 01, 2024 A Leading Financial Services Conglomerate 01
Slide 2: Diversified Financial Services Platform from a Trusted conglomerate
Diversified Financial Services Platform from a Trusted conglomerate Promoter & Grasim Industries Promoter Group 52.6% 16.3% Listed 100% 100% 51% 45% 46% Aditya Birla Finance Aditya Birla Housing Aditya Birla Sun Life Aditya Birla Sun Life Aditya Birla Health Finance 100% Insurance 51% AMC Insurance
Slide 3: Highlights for Q1 FY25
ADITVA BIRLA CAPITAL Highlights for Q1 FY25 Aditya Birla Capital Ltd.
Slide 4: Financial performance
Financial performance Consolidated PAT1 at ` 745 Cr (↑ 15% y-o-y) Consolidated Revenue1,2 at ` 10,258 Cr (↑ 26% y-o-y) Total lending3 portfolio of ` 1,27,705 Cr (↑ 27% y-o-y & ↑ 3% q-o-q) Total AUM4 of ` 4,62,891 Cr (↑ 20% y-o-y & ↑ 6% q-o-q) Gross premium5 of ` 5,027 Cr (↑ 30% y-o-y) 1. Excluding o
Slide 5: Performance across key businesses
Performance across key businesses Life Health NBFC Housing Asset Management Insurance Insurance Loan Book AUM Growth Premium Growth2 ` 1,07,306 crore1 ` 20,399 crore1 ` 352,542 crore ` 162,129 crore Individual FYP Gross Premium 25% y-o-y 41% y-o-y Domestic AAUM3 Equity AAUM3 19% y-o-y 35% y-o-y 2% q
Slide 6: Consolidated Revenue and PAT
Consolidated Revenue and PAT Consolidated Revenue and PAT Business-wise Profitability Revenue1 Businesses (` crore) Q1 FY24 Q1 FY25 Y-o-Y 26% y-o-y NBFC 691 833 21% 10,258 8,144 HFC 84 85 5,862 27% Asset Management 240 305 Life Insurance 20 21 7% Other Businesses 79 76 3% Q1 FY23 Q1 FY24 Q1 FY25 Sub
Slide 7: Omni Channel Architecture...
Omni Channel Architecture... ABCD-D2C platform Robust & agile for customers Udyog Plus-B2B digital platforms platform for MSMEs B2D platform for channel partners One ABC 825 co-located branches Dedicated customer service locations across 231 locations managers for cross sell One Experience Channel 2
Slide 8: ABCD D2C platform
ABCD D2C platform Simplicity Unique and engaging design | Uncluttered Layout | Intuitive Navigation | Jargon Free Language | Ease of Action My Track Unified View of bank accounts, deposits, loans, mutual funds, stocks | Instant Health Check with a “Selfie” | Track and Categorize spends Everything Fi
Slide 9: UDYOG PLUS: Addressing 360o needs of MSMEs
UDYOG PLUS: Addressing 360o needs of MSMEs Architecture Programs Financial Growth Solutions Solutions Business Lending Offline to Online • Unsecured business loans discovery • Pre-approved loans Account, HRMS & Supply Chain Payroll Software Financing Business • Channel Finance Networking • Vendor Fi
Slide 10: Aditya Birla Finance
ADITVA BIRLA CAPITAL Aditya Birla Finance 01 Aditya Birla Capital Ltd.
Slide 11: Performance Highlights for Q1 FY25
Performance Highlights for Q1 FY25 AUM1 Retail, SME NII3 & HNI loans2 PBT GS2 & GS34 ₹ 70,616 crore ₹ 1,07,306 crore ₹ 1,709 crore ₹ 833 crore 4.45% (66% of AUM) ↑ 25% Y-o-Y ↑ 23% Y-o-Y ↑ 19% Y-o-Y ↑ 21% Y-o-Y ↓ 101 bps Y-o-Y ↑ 2% Q-o-Q ↑ 0.1% Q-o-Q ↑ 1% Q-o-Q ↑ 5% Q-o-Q ↓ 4 bps Q-o-Q 415 branches a
Slide 12: Strong Growth in AUM…
Strong Growth in AUM… AUM (₹ crore) Jun’23 Mar’24 Jun’24 Jun’24 Mix Q-o-Q Y-o-Y - Unsecured business 8,574 10,979 10,546 10% -4% 23% - Secured business 33,188 45,256 47,557 44% 5% 43% Total Business loans 41,762 56,235 58,104 54% 3% 39% Personal & Consumer loans 17,693 17,434 16,130 15% -7% -9% Corp
Slide 13: Growth Momentum in Business Loans
Growth Momentum in Business Loans Personal & Consumer 9% y-o-y Secured business 43% y-o-y 47,557 17,693 17,434 45,256 CL - Others LAS 3% 3% 16,130 15% 0.7% 15% 11% 3% CL - BNPL 0.3% TL / WCDL 33,188 22% 24% 13% PL LRD 5% 97% 5% 85% 97% 28% LAP 7% 56% 57% 53% Jun-23 Mar-24 Jun-24 Jun-23 Mar-24 Jun-24
Slide 14: Well Diversified Product Portfolio
Well Diversified Product Portfolio Segment Personal & Consumer Unsecured Business Secured Business Corporate / Mid-Market Presence Semi-urban Semi-urban Semi-urban / SME Clusters Top 6-7 Cities Sourcing DSA + Direct + Ecosystems DSA + Ecosystems DSA + Direct Relationship (Direct) PL: ~ ₹ 1.7 Lac , B
Slide 15: Strong Digital Adoption in Customer Sourcing and Servicing
Strong Digital Adoption in Customer Sourcing and Servicing Customer EMIs Collected Digital Service Email BOT Onboarding 92% Digitally 98% Interactions 94% Accuracy 91% Customer Customer Process Collections Acquisition Servicing Automation Fully agile tech stack for Inbound contact center Significant
Slide 16: Customer Profile
Underwriting Approach in Personal and Consumer Loans Bureau Score Buckets Underwriting Approach ❖ Utilization of Scorecard for better Customer Selection 3% 55% 5% ❖ Usage of Alternate Data in credit decisioning Customer Profile ❖ STP process for faster TAT 36% ❖ Usage of behavior based Predictive Mo
Slide 17: Prudent Risk Management Practices… …leading to improvement in asset quality
Prudent Risk Management Practices… Jun’23 Mar’24 Jun’24 Particulars % ₹ Crore % ₹ Crore % ₹ Crore Stage 1 94.54% 81,093 95.51% 1,00,942 95.55% 1,02,517 Stage 2 2.64% 2,266 1.98% 2,094 1.91% 2,051 Stage 3 2.82% 2,419 2.51% 2,649 2.54% 2,725 Stage 2 and 3 5.46% 4,685 4.49% 4,743 4.45% 4,775 Total Loan
Slide 18: Well Matched ALM and Diversified Borrowing Mix
Well Matched ALM and Diversified Borrowing Mix Cumulative Outflows Cumulative Inflows 100% 100% Funding Mix 83%86% 3% 4% 9% 8% 10% 11% 47% 38% 53% 52% 30% 25% 25% 22% 21% 16% 17% 11% 11% 6% 0-1 months 1-2 months 2-3 months 3-6 months 6-12 months 1-5 years > 5 years Mar’23 Mar’24 Term Loan NCD CP ECB
Slide 19: P&L and Key Ratios - Aditya Birla Finance
P&L and Key Ratios - Aditya Birla Finance Profit & Loss Statement (₹ crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Net Interest Income^ 6,296 1,433 1,693 1,709 Operating Expenses 1,957 437 550 508 Credit Provisioning 1,352 306 349 368 Profit Before Tax 2,987 691 794 833 Tax 766 175 209 212 Profit After Tax 2,
Slide 20: Our Approach
Our Approach DELIVER SUSTAINABLE GROWTH & ROA IN MEDIUM TERM Scale up Udyog Plus – Share of secured loan ABG/ABC ecosystem STP and N-STP ENABLERS B2B Ecosystem book (Focus on MSME) synergies across product sourcing through digital segments journeys Wallet share through newly launched produ
Slide 21: Aditya Birla Housing Finance
Aditya Birla Housing Finance 02 1
Slide 22: Performance Highlights for Q1 FY25
Performance Highlights for Q1 FY25 Disbursement AUM NII2 GS3 PBT ₹ 3,068 crore ₹ 20,399 crore ₹ 227 crore 1.60% ₹ 85 crore ↑ 89% Y-o-Y ↑ 41% Y-o-Y ↑ 20% Y-o-Y ↓ 107 bps Y-o-Y ↑ 0.3% Y-o-Y ↑ 5% Q-o-Q ↑ 11% Q-o-Q ↑ 8% Q-o-Q ↓ 22 bps Q-o-Q ↓ 11% Q-o-Q 95% retail disbursement at 10.5% ABG ecosystem 1.44
Slide 23: Continued growth in disbursements and AUM…
Continued growth in disbursements and AUM… Momentum in disbursement (₹ crore) Growth in AUM (₹ crore) 89% y-o-y 41% y-o-y 2,933 3,068 14,509 18,420 20,399 8% 11% 11% 7% 8% 9% 1,620 35% 32% 31% 17% 18% 18% 33% 31% 30% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Prime - HL Prime - LAP Affordable -
Slide 24: …with focus on portfolio quality
…with focus on portfolio quality Particulars Jun’23 Mar’24 Jun’24 % ₹ Crore % ₹ Crore % ₹ Crore Stage 1 95.22% 13,816 97.09% 17,358 97.36% 19,182 Stage 2 2.11% 306 1.08% 194 1.04% 204 Stage 3 2.67% 388 1.82% 325 1.60% 315 Stage 2 and 3 4.78% 693 2.91% 519 2.64% 519 Total 100.0% 14,509 100.0% 17,877
Slide 25: Strong balance sheet with well-matched ALM
Strong balance sheet with well-matched ALM ALM optimised for liquidity and costs Borrowing Mix (on Jun 30, 2024) 100%100% Jun-23 Jun-24 Cumulative Outflows Cumulative Inflows 81% 80% 12% 15% 47% Term Loan 37% NHB 34%35% 21% 21% 24% NCD 13% 14% 17% 18% 27% 7% 8% Others 0-1 months 1-2 months 2-3 month
Slide 26: P&L and Key Ratios - Aditya Birla Housing Finance
P&L and Key Ratios - Aditya Birla Housing Finance (₹ crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Net Interest Income (Incl. fee income) 815 190 211 227 Operating expenses 443 100 123 136 Operating profit 372 90 88 91 Credit provisioning -5 5 -7 6 Profit before tax 376 84 95 85 Tax 86 19 23 19 Profit after t
Slide 27: Our Approach
Our Approach Growth Accelerate growth in prime & affordable segments with average ticket size of ₹ 25 – 30 lacs Growth to be augmented by ABG ecosystem Growth To be the most preferred choice of our customer Service Business loans Digital capabilities for seamless customer onboarding and servicing Se
Slide 28: Aditya Birla Sun Life AMC
ADITVA BIRLA CAPITAL Aditya Birla Sun Life AMC Aditya Birla Capital Ltd.
Slide 29: Performance Highlights for Q1 FY25
Performance Highlights for Q1 FY25 Mutual fund Equity Individual Total QAAUM1 MAAUM3 PAT QAAUM1 Revenue ₹ 3,52,542 crore ₹ 1,62,129 crore ₹ 1,85,681 crore ₹ 481 crore ₹ 236 crore Market share Market share2 4.7% ↑ 24% Y-o-Y ↑ 24% Y-o-Y ↑ 28% Y-o-Y 6.7% Mix 46.0% Monthly SIP4 flows Serviced 9.4 mn fol
Slide 30: Strong growth in AUM…
Strong growth in AUM… Mutual fund closing assets under management1 Total quarterly average assets under management1 19% y-o-y 18% y-o-y 2,98,493 3,51,890 3,45,837 3,67,607 3,11,995 3,08,424 879 887 14,187 46,614 922 13,241 34,949 54,597 53,675 10,564 49,739 1,35,695 57,057 1,26,084 1,35,816 1,29,956
Slide 31: …backed by a robust growth in retail franchise
…backed by a robust growth in retail franchise Individual B-30 Building sustainable Long Tenure (2) MAAUM MAAUM SIP (1) flows SIP Book SIP Flows in # of Live Outstanding 24% y-o-y 30% y-o-y ₹ Crore SIPs (Mn) % Count of Total SIPs 64,208 1,367 4.05 94% 1,85,681 87% 1,50,085 49,343 987 3.26 Jun-23 Jun
Slide 32: Growth in passives and alternative investments
Growth in passives and alternative investments Passive AUM1 INR 29,943 Cr ~7,53,000 Rank 1 Mar-2024 Investor Folios Serviced In Debt Index2 Mar-2021 6x growth since Jun-21 INR 2,090 Cr ↑ 14x INR 29,943 Cr ETF AUM Index AUM FOF AUM 44 Extensive product bouquet INR 921Cr ↑8x INR 7,366 Cr INR 404 Cr ↑5
Slide 33: Pan-India distribution network
Pan-India distribution network Continue to expand distributor base and empaneled 2,400 + new MFDs in Q1 FY25 300+ Locations 83,000+ 90 95+ 330+ 130+ MFDs Banks Emerging Market National Digital Over 80% are Locations Distributors Partners in B30 cities Servicing Investors across 19,000+ Pan-India pin
Slide 34: Digital Ecosystem
Digital Ecosystem PARTNER APP Lead and Drop CAMS OTM will ABSL MF cart nurturing One click SIP Registration be taken for SIP ABSL MF Partner using Voice BOT via UPI auto pay Partner easy Link Customer Portal / Transaction Partner Portal App E KYC Investor Partner ARN hardcoded Investor Active Saving
Slide 35: P&L - Aditya Birla Sunlife AMC
P&L - Aditya Birla Sunlife AMC (₹ crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Revenue from Operations 1,353 311 366 387 Costs 632 149 173 177 Operating Profit 721 162 193 210 Other Income 287 78 75 95 Profit before tax 1,008 240 268 305 Tax 228 56 59 69 Profit after tax 780 185 208 236 Mutual fund AAUM 3,12
Slide 36: Our Approach
Our Approach Scale up retail franchise and diversify product offerings Focusing on Direct/HNI Channel to provide incremental growth Retail Drive growth in SIP flows franchise Focus on scaling alternative assets business including AIF, PMS and Real Estate New product launches in equity and fixed inco
Slide 37: Aditya Birla Sun Life Insurance
Aditya Birla Sun Life Insurance 37
Slide 38: Performance Highlights for Q1 FY25
Performance Highlights for Q1 FY25 Individual Group Total FYP AUM Net VNB2 FYP1 Premium ` 644 cr ` 1,498 cr ` 3,986 cr ` 90,682 cr 6.5% ↑ 19% Y-o-Y ↑ 41% Y-o-Y ↑ 28% Y-o-Y ↑ 22% Y-o-Y ↓ ~500 bps Y-o-Y PASA contribution at 37% Renewal Premium ↑ 17% Opex ratio3 19.9% 38 1.Single premium @ 10% 2.Indivi
Slide 39: Premium growth
Premium growth Individual FYP1 Group New Business Premium Private Private ABSLI Industry ABSLI Industry Players Players Y-o-Y 19% Y-o-Y 24% Y-o-Y 20% Y-o-Y Y-o-Y 41% Y-o-Y 7% Y-o-Y 25% Y-o-Y ` crore ` crore 644 1,498 540 409 1,062 885 Jun’22 Jun’23 Jun’24 Jun’22 Jun’23 Jun’24 ABSLI Market ABSLI Mark
Slide 40: Diversified and scaled up distribution mix…
Diversified and scaled up distribution mix… 4,300+ 380+ 56,000+ 111 25,000+ Cities Own Branches Agents Banca Tie-ups Bank Branches Strong growth across channels Channel Mix Product Mix by Channel (Q1 FY25 FYP ` In Cr) (Q1 FY25) Proprietary Partnership Protection Traditional ULIP 33% 5% 2% 36% 36% 40
Slide 41: Value Accretive Products
Value Accretive Products Product Mix Protection VNB1 Traditional ` crore ULIP 3% 3% 3% 2.5% 23.0% 11.8% 20.2% 6.5% 18%+ 71% 67% 800 81% 697 78 52 12 26% 30% 16% Q1 FY23 Q1 FY24 Q1 FY25 Q1 FY23 FY23 Q1 FY24 FY24 Q1 FY25 FY25E ❖ Subject to interest rate scenario, maturity and ❖ Salaried Suraksha Plan
Slide 42: Strong digital adoption…
Strong digital adoption… Customer Customer Self Pre-Approved Onboarding 100% Digital Renewal 78% Servicing 93% New Business 37% Customer Experience Customer Retention Customer Centricity Pre-Purchase 100% New business Digital collection at 78.1% WhatsApp & Chatbot PASA1 contributed 37% processed dig
Slide 43: …leading to consistent improvement in persistency and productivity
…leading to consistent improvement in persistency and productivity Total Renewal Premium Persistency1 Opex Ratio2 ( ` crore) Renewal Growth Digital Renewal Improving Persistency across all Controlled Operating expenses cohorts ↑ 17% 14% Y-o-Y 78% 77%3 Q1 FY25 Q1 FY24 Q1 FY23 Δ 2Y 14% - 2Yr CAGR 88%
Slide 44: Robust investment process and performance…
Robust investment process and performance… Asset Under Management (in ` Cr) Composition of AUM 22% - 2Yr CAGR 90,682 3% Debt 74,500 25% Equity 60,660 25% 75% 74% 76% 24% 26% 25% Jun’22 Jun’23 Jun’24 47% Investment Performance1 Crisil Benchmark Performance Equity & others Income Advantage Enhancer Ma
Slide 45: P&L and Key Ratios - Aditya Birla Sun Life Insurance
P&L and Key Ratios - Aditya Birla Sun Life Insurance (` crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Individual First year Premium1 3,546 602 1,316 807 Group First year Premium 4,554 1,062 1,506 1,498 Renewal Premium 9,160 1,441 3,337 1,681 Total Gross Premium 17,260 3,105 6,159 3,986 Operating expenses (Inc
Slide 46: Our Approach
Our Approach Growth Grow traditional products including protection in retail segment Focus on growing credit life in group segment Continue to make investments in Direct channel Growth Invest in PSU relationships and New relationships to grow mindshare Mitigate interest rate risk by Active forward r
Slide 47: Aditya Birla Health Insurance
Aditya Birla Health Insurance 47
Slide 48: Performance Highlights for Q1 FY25
Performance Highlights for Q1 FY25 Market Combined GWP1 Share PBT Ratio ` 1,041 crore 12.5% SAHI ` (51) crore 112% 11.6% LY (62) Crore 118% ↑ 35% Y-o-Y ↑ 92 bps LY LY ▪ Fastest growing SAHI player ▪ 41% YoY growth in ▪ 70% YoY growth in App Proprietary business Monthly Average Users (MAU) ▪ 51% YoY
Slide 49: Scaled-up, diversified and digitally enabled distribution
Scaled-up, diversified and digitally enabled distribution 5000+ 225+ 120K+ 18 5,700+ Cities Branches Agents Bank Sales Force Partners Channel Mix1 Product Mix Non-Metro GWP2 Proprietary 28% 27% Metro 26% 27% Indemnity 84% 80% 73% 69% Partnerships 72% 73% Non Metro 74% 73% Fixed Benefits 16% 20% Q1 F
Slide 50: Distribution Mix and Business Growth
Distribution Mix and Business Growth Retail GWP (` Crores) +51% Proprietary 551 We continue to grow Growth at 41 % higher than the market… Focus on scaling Proprietary channel | Increase in Agent 146 count Q1 FY25 364 35% Highly Banca ABHI 174 Diversified 104 Growth at 35 % SAHI 25% distribution mix
Slide 51: Differentiated Health First Model
Differentiated Health First Model Know your health Improve your health Get Rewarded 1.4L+ 15 bn+ Health Monthly Assessments steps on App 1.3L+ Digital Health Assessment 1L+ High Risk customers 16.3L+ intervened Well-Being Scores ▪ 105+ Customer data points I 40+ Partners ▪ Higher Persistency by 9.3%
Slide 52: Driving Higher Engagement for better outcomes
Driving Higher Engagement for better outcomes Loss Ratio* of physically active customers Customers earning higher health Persistency of physically active is significantly lower than Inactive returns have lower loss ratios* customers is higher than inactive Loss Ratio 100% 109% 93% 0-0.5K Health Retu
Slide 53: High Risk Customer Intervention – Outcomes
High Risk Customer Intervention – Outcomes Risk Stratification (WBS) for 16.3L+ customers | 2.2L+ High Risk customers Identified | 1L+ High Risk Customers Intervened Improved Biometrics* Customer experience Financial Impact 45% 5% 22% Better loss ratio2 Blood Sugar Values Members doing in Intervened
Slide 54: Continuing Superior Customer Experience
Continuing Superior Customer Experience 96% Claim Settlement Ratio, One of the best in Industry 11k+ network hospital, One of the best in Industry NHCX claim processing 1st Wave Participant Top CX* Enhancement For DHA by FE Brandwagon Awards & thousands of similar stories… 54 CX- Customer Experience
Slide 55: Activ Health App relaunched with Freemium features
Activ Health App relaunched with Freemium features Simplify – Declutter Keep it Conversational Engage Before Selling Persona based experience Establish needs basis data Data based engagement score One-stop Solution for Health & Wellness needs Dental Tele – Consultation In-house built Native App Cons
Slide 56: Key Initiatives & Wins
Digital Revenue Engagement Digital Servicing Focus ▪ Freemium for client acquisition ▪ Leveraging Inhouse & Partner ▪ Simplified and contextual journey ▪ Simple, intuitive Buy Journeys Ecosystem ▪ Omnichannel bot Key Initiatives & Wins ▪ Digital capability to Cross Sell ▪ Hyper personalized engageme
Slide 57: Data & Analytics
Data & Analytics Data Engineering Data Lake Hub Data Governance Data Literacy User Empowerment Data Lake I EDW I Data Catalog MDM I Data Standardization Dashboard Monthly Training| Real Time Dashboard| Self I Data Lineage | BI tool – NLP I Data Stewardship I Roles & Dashboard Usage | Last Mile Servi
Slide 58: Business Outcomes
Business Outcomes Revenue (` Cr.) Lives covered (Mn) Retail Retail and Group Rural Group (incl. Rural) +28% Byte 23 1041 22 772 5 6 17 630 551 364 11 10 8 332 408 490 5 298 6 7 4 Q1 FY23 Q1 FY24 Q1 FY25 Q1 FY 23 Q1 FY 24 Q1 FY 25 Combined Ratio1 Profit Before Tax2 (` Cr.) 109% 118% 112% -71 -62 -51
Slide 59: P&L - Aditya Birla Health Insurance
P&L - Aditya Birla Health Insurance ( ` In crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Retail Premium 1,915 364 636 551 Group Premium (incl. Rural) 1,786 408 666 490 Gross Written Premium 3,701 772 1,302 1,041 Revenue (IND AS) 3,450 718 1212 981 Operating expenses (including claims) (IND AS) 3,632 780 1123
Slide 60: Our Approach – Health First Data-driven Model
Our Approach – Health First Data-driven Model Attract Young & Healthy Customer Target Segment Differentiated Health Incentivize customers for healthy behavior First approach Data driven approach for superior customer understanding Diversified Distribution with growth focus on Proprietary Business In
Slide 61: Other Updates
ADITVA BIRLA CAPITAL Other Updates 61 Aditya Birla Capital Ltd.
Slide 62: Other financial services businesses
Other financial services businesses Revenue Revenue 41% y-o-y PBT 16% y-o-y 90 298 325 75 76 231 Q1 FY23 Q1 FY24 Q1 FY25 Q1 FY23 Q1 FY24 Q1 FY25 General Insurance Broking Stock & Securities Broking ARC platform Q1 FY24 Q1 FY25 Δ Q1 FY24 Q1 FY25 Δ Q1 FY24 Q1 FY25 Δ Premium Placement 1,041 1,183 ↑ 14%
Slide 63: Consolidated P&L – Aditya Birla Capital
Consolidated P&L – Aditya Birla Capital (₹ crore) FY24 Q1 FY24 Q4 FY24 Q1 FY25 Revenue 34,019 7,045 10,454 8,816 Profit Before Tax (before share of profit/(loss) of JVs 3,792 848 983 977 Add: Share of Profit/(loss) of associate and JVs 304 64 143 81 Profit before tax 4,096 912 1,126 1,058 Less: Prov
Slide 64: THANK YOU
ADITVA BIRLA CAPITAL THANK YOU 64 Aditya Birla Capital Ltd.
Slide 65: Disclaimer
Disclaimer The information contained in this presentation is provided by Aditya Birla Capital Limited (“ABCL or the Company”), formerly known as Aditya Birla Financial Services Limited, to you solely for your reference. Any reference herein to "the Company" shall mean Aditya Birla Capital Limited, t