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Aditya Birla Capital reports 91% jump in Q4 consolidated net profit

08 May 2018 Evaluate

Aditya Birla Capital has reported results for fourth quarter and year ended March 31, 2018.   

The company has reported a net loss of Rs 18.55 crore for the quarter ended March 31, 2018 as compared to net profit of Rs 11.94 crore for the same quarter in the previous year. Total income of the company has decreased by 51.80% to Rs 12.83 crore for quarter under review as compared to Rs 26.62 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 90.91% in its net profit after tax and Minority interest at Rs 207.73 crore for the quarter ended March 31, 2018 as compared to Rs 108.81 crore for the corresponding quarter in the FY17. Total income of the company increased by 94.94% at Rs 4,255.62 crore for quarter under review as compared to Rs 2,183.07 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted over 14 fold rise in its net profit at Rs 61.49 crore as compared to Rs 4.24 crore for the same period in the previous year. Total income of the company increased by 5 folds at Rs 175.25 crore for year under review as compared to Rs 35.02 crore for the period ended March 31, 2017. 

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 55.52% in its net profit after tax and Minority interest at Rs 824.25 crore as compared to Rs 530 crore for the same period in the previous year. Total income of the company has increased over 2 folds at Rs 13,640.53 crore for year under review as compared to Rs 5,885.70 crore for the period ended March 31, 2017.


Aditya Birla Capital Share Price

340.20 2.00 (0.59%)
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