Aditya Birla Capital’s Q2 profit rises 38% to 1,288 crore rupees
Key Facts
Aditya Birla Capital reported a 38% year-on-year increase in consolidated profit after tax to 1,288 crore rupees in the second quarter of fiscal 2027, for the period ended September 30, 2026. Consolidated revenue rose 31% to 16,545 crore rupees over the same period, the company said in its results statement. The figures reflect the performance of a group spanning non-bank finance, housing finance, asset management and insurance. Profit growth came alongside an expansion in lending and an improvement in the non-performing asset measure in its non-bank finance business. The company also recorded growth in life and health insurance indicators in the first half of the fiscal year.
In non-bank finance, profit before tax rose 41% year on year and 11% from the previous quarter to 1,352 crore rupees. Assets under management in the business grew 26% year on year and 5% quarter on quarter to 1,76,557 crore rupees. Disbursements reached 24,708 crore rupees, up 12% year on year and 17% quarter on quarter. In housing finance, disbursements rose 55% year on year and 19% quarter on quarter to 8,957 crore rupees. Profit before tax in the business increased 73% year on year and 12% quarter on quarter to 335 crore rupees.
Total assets under management in the lending and housing finance businesses stood at 2,33,930 crore rupees on September 30, 2026, up 32% year on year and 7% from the end of the previous quarter. The company said the ratio of gross Stage 2 and Stage 3 assets in non-bank finance improved to 2.31%. That was a decline of 72 basis points year on year and 12 basis points quarter on quarter. These indicators combine growth in lending with an improvement in the asset-quality measure reported by the company. The published information did not provide a comparable asset-quality figure for the housing finance business.
In asset management, profit after tax was 221 crore rupees in the second quarter. Across the managed businesses, total assets in asset management, life insurance and health insurance reached 12,33,619 crore rupees on September 30, 2026. The company said the total had risen to 2.2 times its level a year earlier. The figure combines assets from three different businesses, while the statement did not break down each business’s share of the total in this data. The scale of assets offers a view of the breadth of the business base operating alongside lending.
In life insurance, the group’s new business premiums rose 90% year on year to 4,232 crore rupees in the first half of fiscal 2027. The net value of new business margin increased 447 basis points year on year to 16.1% over the same period. Net value of new business also rose 78% to 424 crore rupees. In standalone health insurance, market share reached 14.2%, up 70 basis points year on year in the first half. The figures show growth in new business volume and improvements in margin and market share, according to the company’s measures.
The company’s digital and physical channels expanded alongside its business. The ABCD platform offers more than 26 products and services and had attracted about 1.3 crore customers by September 30, 2026, the company said. Assets on the Udyog Plus platform reached 7,262 crore rupees, with more than 24 lakh registrations on the same date. The company had 1,822 branches across its businesses throughout India. The data show the scale of the channels through which the group offers its products, alongside figures for lending, insurance and asset management.