For the quarter ended June 30, 2026, the diversified financial services company posted a consolidated net profit of ₹1,174 crore, compared with ₹839 crore in the corresponding period last year. Following the earnings announcement, shares of Aditya Birla Capital gained nearly 4% during Friday’s trade.
Growth remained broad-based across the company’s lending and asset management businesses. Its overall lending portfolio, spanning both the NBFC and housing finance operations, grew 32% year on year and 6% sequentially to ₹2.19 lakh crore, reflecting continued credit demand across retail and business segments.
The company’s total assets under management across its asset management, life insurance and health insurance businesses increased 36% from a year ago to ₹7.52 lakh crore, underlining the strength of its diversified financial services franchise.
Housing finance emerged as one of the strongest performers during the quarter. Loan disbursements rose 39% to ₹7,515 crore, while assets under management surged 50% year on year to ₹51,833 crore. Profit before tax nearly doubled, rising 95% to ₹300 crore, while asset quality continued to improve, with the gross Stage 3 ratio declining to 0.41%.
The insurance businesses also delivered healthy growth. Individual first-year premium in the life insurance business increased 20% to ₹952 crore, while group new business premium jumped 74%. The value of new business margin expanded sharply to 15.1%, helping absolute net VNB more than double during the quarter.
Health insurance remained another bright spot, with gross written premium climbing 50% to ₹2,196 crore. The company’s standalone health insurance market share rose to 16.2%, while the combined ratio improved to 106%, indicating better underwriting performance.
In asset management, quarterly average assets under management rose 6% year on year to ₹4.28 lakh crore, while profit after tax increased 12% to ₹309 crore.Alongside its financial performance, Aditya Birla Capital continued to invest in growth initiatives. During the quarter, the company raised ₹4,000 crore through a preferential equity issue, with promoter Grasim Industries, promoter group entity Suryaja Investment Pte Ltd, and the International Finance Corporation (IFC) participating in the fund raise. The company said most of the proceeds would be deployed to support the expansion of its NBFC business.
The company also continued to strengthen its digital ecosystem. Its direct-to-consumer platform, ABCD, has now acquired around 1.2 crore customers, offering products spanning lending, insurance, investments and payments.
Meanwhile, its MSME-focused platform Udyog Plus has crossed 24 lakh registrations and built an assets under management book of ₹6,229 crore.
Aditya Birla Capital also expanded its physical footprint to 1,759 branches, with a continued focus on deeper penetration into tier-3 and tier-4 towns as it looks to broaden its customer base.
