Next Story
Newszop

Aditya Birla Capital invests Rs 249 crore in its subsidiary ABHFL to fund growth, improve leverage ratio

Send Push
The Aditya Birla Capital Limited on Friday announced that it has made an investment of Rs 249 crore in its wholly owned subsidiary, Aditya Birla Housing Finance Limited.

"Aditya Birla Capital Limited (“the Company” or “ABCL”) has made an investment of Rs 249 crore on rights basis, in the equity shares of Aditya Birla Housing Finance Limited (“ABHFL”)," said the company.

The company said that the investment is to fund growth and improve its leverage ratio of ABHFL. "Percentage shareholding of ABCL in ABHFL continues to remain at 100%," said the company through a stock exchange filing.

Previously, Aditya Birla Capital had announced an infusion of Rs 300 crore into its subsidiary Aditya Birla Housing Finance through a rights issue.

The Aditya Birla Capital, a non-deposit taking non-banking financial company (NBFC), reported an over 30 per cent decline in consolidated net profit at Rs 865 crore for three months ended March 31, 2025. The company had posted a net profit of Rs 1,245.41 crore in the same quarter of the preceding fiscal year. Its total income grew to Rs 12,239 crore in the January-March quarter of the financial year 2024-25 (FY25), from Rs 10,803 crore in the year-ago period, Aditya Birla Capital said in a regulatory filing to the stock exchanges. The company said its board approved raising of funds by issuance of debt securities including non-convertible debentures (NCDs) for an aggregate amount not exceeding Rs 1,65,000 crore.

In a separate statement, the company said that overall lending portfolio -- NBFC and HFC -- grew by 27 per cent year-on-year to Rs 1,57,404 crore as on March 31, 2025. Also, the total AUM -- AMC, life insurance and health insurance -- grew by 17 per cent year-on-year to Rs 5,11,260 crore, as on March 31, 2025. The total premium (life insurance and health insurance) climbed 22 per cent year-on-year to Rs 25,579 crore in FY25.
Loving Newspoint? Download the app now