Aditya Birla Capital Q2 Results Live : Aditya Birla Capital declared their Q2 results on 30 Oct, 2024, showcasing impressive growth in both revenue and profits. The company’s topline surged by 28.94% year-over-year (YoY), while profits saw a remarkable increase of 41.96%. Compared to the previous quarter, revenue grew by 12.89% and profit rose by 31.9%.
In terms of expenses, Selling, General and Administrative (SG&A) costs rose by 1.16% quarter-over-quarter (q-o-q) and increased significantly by 27.44% YoY. This rise in expenses reflects the company’s ongoing investments in scaling its operations and enhancing its service offerings.
The operating income also exhibited positive momentum, with an increase of 3.24% q-o-q and an 18.14% rise YoY. This consistent performance in operating income underscores Aditya Birla Capital’s effective management of its core business activities.
Earnings per Share (EPS) for Q2 stood at ₹4.76, marking a growth of 30.48% YoY. This strong EPS growth is a testament to the company’s robust financial health and operational efficiencies.
In the stock market, Aditya Birla Capital has delivered a 2.05% return in the last week, though it has seen a decline of 6.93% over the past six months. However, year-to-date (YTD), the stock has performed well with a return of 29.43%. The company’s current market capitalization is ₹56,110.63 crore, with a 52-week high of ₹246.9 and a low of ₹155.
Analyst sentiment remains optimistic, with a consensus recommendation as of 31 Oct, 2024, suggesting a ‘Strong Buy’. Out of nine analysts covering the company, one has given a ‘Hold’ rating, one has a ‘Buy’ rating, and seven analysts have rated it as a ‘Strong Buy’. This positive outlook reflects confidence in the company’s growth trajectory and market position.
Aditya Birla Capital Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 9797.63 | 8679.09 | +12.89% | 7598.56 | +28.94% |
| Selling/ General/ Admin Expenses Total | 438.88 | 433.86 | +1.16% | 344.38 | +27.44% |
| Depreciation/ Amortization | 60.02 | 55.44 | +8.26% | 47.95 | +25.17% |
| Total Operating Expense | 6664.46 | 5644.15 | +18.08% | 4946.58 | +34.73% |
| Operating Income | 3133.17 | 3034.94 | +3.24% | 2651.98 | +18.14% |
| Net Income Before Taxes | 1407.4 | 1074.33 | +31% | 1008.93 | +39.49% |
| Net Income | 1000.9 | 758.84 | +31.9% | 705.05 | +41.96% |
| Diluted Normalized EPS | 4.76 | 3.97 | +19.71% | 3.65 | +30.48% |
