Percentage shareholding of ABCL in ABCDL continues to remain at 100%. Thus ABCDL continues to be wholly owned subsidiary of the company.
Aditya Birla Capital is the holding company for the financial services businesses of the Aditya Birla Group.
The company’s consolidated net profit dropped 77.5% to Rs 735.76 crore in Q3 FY24 as compared to Rs 3269.40 recorded in Q3 FY23. Total income fell 9.1% YoY to Rs 8,860.40 crore in Q3 FY24.
The scrip rose 1.52% to settle at Rs 187.20 on Friday on the BSE.