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Aditya Birla Money reports 16% rise in Q3 net profit

17 Jan 2019 Evaluate

Aditya Birla Money has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 16.18% in its net profit at Rs 2.37 crore for the quarter under review as compared to Rs 2.04 crore for the same quarter in the previous year. However, total income of the company decreased by 4.84% at Rs 41.64 crore for Q3FY19 as compared Rs 43.76 crore for the corresponding quarter previous year.

Aditya Birla Money is engaged in the business of broking and related activities. The company’s business is to provide brokerage services and portfolio management services (PMS) to its clients in the capital markets within India.

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