Aditya Birla Capital Q1 net up 27 pc to Rs 270 cr

Aditya Birla Capital on Saturday reported a 27 per cent increase in consolidated profit after tax (PAT) at Rs 270 crore for the first quarter ended June 30, 2019. The company had reported a PAT (after minority interest) of Rs 213 crore during the April-June period of 2018-19.

Revenue grew to Rs 3,962 crore during the first quarter as against Rs 3,424 in the year-ago period, Aditya Birla Capital said in a statement. The company said the profit during the period under review was largely driven by growth in NBFC, housing finance and asset management businesses.