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Aditya Birla Capital Q3 net up 42% on strong NBFC, home loan, MF biz

Revenues up 26% to Rs 4,119 crore; lending book expands 29% to Rs 60,129 crore

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<b> Photo: Shutterstock <b>

Abhijit Lele Mumbai
Aditya Birla Capital Ltd has posted a 42 per cent increase in its net profit at Rs 206 crore for the third quarter ended December, largely on contributions from NBFC, housing finance and mutual fund business. 

In a challenging market environment during third quarter, the Revenues of the company grew by 26 per cent to Rs 4,119 crore.

Its lending book (including home loans) grew by 29 per cent to Rs 60,129 crore at end of December 2018 as against Rs 46,522 crore a year ago.

Overall lending book is backed by well-matched asset and liability mix and adequate liquidity pipeline to meet

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