Aditya Birla Capital profit jumps 33% to ₹945 cr in Q3

Aditya Birla Capital on Tuesday reported a 33% jump in consolidated profit to ₹945 crore for the December quarter.

The financial services arm of the diversified Aditya Birla Group, had reported a net profit of ₹708 crore in the year-ago period.

On a standalone basis, the non-bank lender reported a 29% increase in profit after tax for the reporting quarter at ₹772 crore.

The company said it took an impact of ₹38 crore because of the implementation of the new labour codes, which restricted its reported profit growth.

The net interest income moved up to ₹2,113 crore from the year-ago period’s ₹1,756 crore on the back of a 24% surge in the assets under management and a widening in the net interest margin, including fees to 6.12% from 6%.

On the credit quality front, the non-banking finance company’s gross-stage 3 assets, or the ones overdue for over 90 days, declined to 1.51% as of December 31, 2025, down 0.76% on-year.

The total expenses grew to ₹10,702 crore from ₹8,436 crore in the year-ago period on a standalone basis, while the credit provisioning increased to ₹423 crore from ₹388 crore in the year-ago period.

The housing finance arm’s net profit more than doubled to ₹177 crore during the reporting quarter, asset management company delivered a 20% growth at ₹270 crore.

The life insurance business showed a doubling of profit before tax at ₹86 crore, while the loss for the health insurance business narrowed to ₹67 crore.

Earlier in the day, the company announced a ₹2,750-crore fund infusion into its housing finance arm from Advent International.

The ABC scrip closed 3.71 per cent up at Rs 345.45 apiece on the BSE as against 2.54 per cent improvement on the benchmark.