Aditya Birla Capital Limited Announces Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2018
August 10, 2018 at 07:53 am EDT
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Aditya Birla Capital Limited announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 132.7 million against INR 117.8 million for the same period a year ago. Loss before tax was INR 174.5 million against profit before tax of INR 96.9 million for the same period a year ago. Net loss after tax was INR 174.5 million or INR 0.08 per basic and diluted share against net profit after tax of INR 96.9 million or INR 0.08 per basic and diluted share for the same period a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations was INR 29,784.5 million as compared to INR 22,531.0 million a year ago. Total income was INR 30,702.0 million as compared to INR 23,228.9 million a year ago. Profit before tax was INR 3,407.0 million as compared to INR 2,873.9 million a year ago. Profit for the period was INR 2,012.4 million as compared to INR 1,826.6 million a year ago. Profit for the period attributable to owners of the company was INR 2,158.6 million as compared to INR 1,718.8 million a year ago. Earnings per diluted share was INR 0.97 as compared to INR 1.39 a year ago.
Aditya Birla Capital Limited is an India-based investment company. The Company, through its subsidiaries, is engaged in the provision of financial services consisting of lending, both as a non-banking financial institution (NBFC) and as a housing finance institution, life and health insurance, asset management, general insurance and stock broking and others. Its offerings include protecting, investing, financing, and advisory services. The Company's segments include NBFC, Housing Finance, Life Insurance, Asset Management, General Insurance Broking, Stock and Securities Broking, Health Insurance and Other Financial Services, which includes general insurance advisory, asset reconstruction and private equity. The Company's subsidiaries include Aditya Birla Finance Limited, Aditya Birla Housing Finance Limited, Aditya Birla Money Limited, Aditya Birla Insurance Brokers Limited, Aditya Birla Money Mart Limited, and Aditya Birla Money Insurance Advisory Services Limited and others.