Aditya Birla Money Q2 Results Live : Aditya Birla Money declared their Q2 results on 16 Oct, 2024, showcasing a remarkable financial performance. The company’s topline surged by 22.48% year-over-year, while profits skyrocketed by an impressive 123.88%. This strong growth highlights the company’s robust business strategy and market positioning.
In comparison to the previous quarter, Aditya Birla Money witnessed a revenue growth of 3.12%, alongside a 63.1% increase in profit. This consistent upward trend underscores the company’s resilience in a competitive financial landscape.
Notably, the Selling, General & Administrative expenses saw a decline of 17.07% quarter-over-quarter, but recorded a slight increase of 1.12% year-over-year. This efficient cost management strategy is indicative of the company’s commitment to optimizing operational efficiency.
The operating income also demonstrated positive momentum, rising by 24.23% quarter-over-quarter and 57.84% year-over-year. This robust operating performance reflects the company’s effective revenue generation capabilities.
Earnings per share (EPS) stood at ₹4.72 for Q2, marking an increase of 123.7% year-over-year. This substantial rise in EPS further illustrates the company’s profitability and shareholder value enhancement.
Aditya Birla Money has delivered impressive returns to its investors, with a 22.69% return in the last week, 55.05% return over the last six months, and a staggering 64.4% year-to-date return. These figures highlight the stock’s performance amidst market fluctuations.
Currently, Aditya Birla Money boasts a market capitalization of ₹963.82 Cr, with a 52-week high of ₹189.08 and a low of ₹83.2. The company’s strong market presence and financial results position it favorably for continued growth.
Aditya Birla Money Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 112.83 | 109.41 | +3.12% | 92.13 | +22.48% |
| Selling/ General/ Admin Expenses Total | 22.45 | 27.08 | -17.07% | 22.21 | +1.12% |
| Depreciation/ Amortization | 2.46 | 2.32 | +5.75% | 2.13 | +15.28% |
| Total Operating Expense | 61.5 | 68.09 | -9.68% | 59.6 | +3.18% |
| Operating Income | 51.34 | 41.33 | +24.23% | 32.52 | +57.84% |
| Net Income Before Taxes | 36.21 | 22.33 | +62.18% | 16.81 | +115.4% |
| Net Income | 26.69 | 16.36 | +63.1% | 11.92 | +123.88% |
| Diluted Normalized EPS | 4.72 | 2.9 | +62.76% | 2.11 | +123.7% |
