Continues to deliver healthy performance across businesses

Company
14 May 2024
5 Min read 
  • Aditya Birla Capital (ABCAP) 4QFY24 consolidated revenue grew 32% YoY to ~INR121b and consolidated PAT increased 33% YoY to ~INR8.1b.
  •  NBFC loan book grew 31% YoY/7% QoQ to ~INR1.05t. Loans to Retail, SME and HNI customers constitute 67% of the total loan portfolio.
  •  Quarterly Average AUM (QAAUM) rose 21% YoY to ~INR3.31t in 4QFY24 on the back of an uptick in equity performance.
  •  Individual monthly average AUM grew 23% YoY to INR1.73t in Mar'24. The domestic equity mix increased to ~46%.
  •  Health Insurance business continues to scale up with focus on expenses. The combined ratio remained stable at 110%.
  •  ABCAP continues to improve its operating performance and guided that it will double the FY23 AUM by Mar26.
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