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08-03-2023 10:46 AM | Source: Accord Fintech
Aditya Birla Capital gains on reporting 51% rise in Q1 consolidated net profit
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Aditya Birla Capital is currently trading at Rs. 190.80, up by 0.70 points or 0.37% from its previous closing of Rs. 190.10 on the BSE.

The scrip opened at Rs. 189.85 and has touched a high and low of Rs. 194.35 and Rs. 186.55 respectively. So far 183944 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.40 on 03-Jul-2023 and a 52 week low of Rs. 103.30 on 04-Aug-2022.

Last one week high and low of the scrip stood at Rs. 197.10 and Rs. 185.00 respectively. The current market cap of the company is Rs. 50141.37 crore.

The promoters holding in the company stood at 69.10%, while Institutions and Non-Institutions held 18.26% and 11.83% respectively.

Aditya Birla Capital has reported 69.59% fall in its net profit at Rs 0.52 crore for first quarter ended June 30, 2023 as compared to Rs 1.71 crore for the same quarter in the previous year. However, total income of the company increased by 23.06% at Rs 9.82 crore for Q1FY24 as compared Rs 7.98 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 51.06% rise in net profit at Rs 648.76 crore for the first quarter ended June 30, 2023 as compared to Rs 429.47 crore for the same quarter in the previous year. Total income of the company increased by 25.94% at Rs 7,051.59 crore for Q1FY24 as compared Rs 5,599.04 crore for the corresponding quarter previous year.