Holding company Aditya Birla Capital announced Q2FY25 results Financial Highlights: Consolidated PAT: Rs 1,001 crore (change 42% YoY and 32% QoQ). Consolidated Revenue: Rs 12,007 crore (change 36% YoY). NBFC AUM: Rs 1.14 lakh crore (change 23% YoY and 7% H1FY25 & QoQ). HFC AUM: Rs 23,236 crore (change 51% YoY and 14% QoQ). Mutual fund quarterly average AUM: Rs 3,83,309 crore (change 23% YoY). Life insurance individual first year premium: Rs 1,578 crore in H1FY25 (change 33% YoY). Health insurance gross written premium: Rs 2,171 crore in H1FY25 (change 39% YoY). Udyog Plus, B2B platform for MSMEs crossed Rs 2,900 crore AUM till date. ABCD, omnichannel D2C platform with 2.5 million + customer acquisitions till date. Other Highlights: NBFC: Disbursements grew by 17% YoY and 44% sequentially to Rs 19,322 crore. AUM grew by 23% YoY and 7% sequentially to Rs 1,14,710 crore. Loans to Retail, SME and HNI customers constitute 65% of the total portfolio. Profit before tax grew by 15% YoY to Rs 844 crore. Return on assets was 2.34% and return on equity was 15.56%. Credit costs improved by 18 basis points sequentially from 1.43% to 1.25%. Gross stage 2 and 3 ratio improved by 100 basis points YoY and 21 basis points sequentially to 4.24% Housing Finance: Disbursements grew by 113% YoY and 31% sequentially to Rs 4,010 crore. AUM grew by 51% YoY and 14% sequentially to Rs 23,236 crore. Profit before tax grew by 7% YoY and 22% sequentially to Rs 104 crore. Return on assets was 1.53% and return on equity was 11.54%. Gross stage 2 and 3 ratio improved by 218 basis points YoY and 42 basis points sequentially to 2.22%. Asset Management: Mutual fund quarterly average assets under management (QAAUM) grew by 9% sequentially and 23% YoY to 3,83,309 crore, with equity mix at 47.1%. Equity QAAUM grew by 39% YoY to Rs 1,80,658 crore. Individual monthly average assets under management grew by 28% YoY to Rs 2,03,391 crore. Monthly systematic investment plan (SIP) flows grew by 47% YoY to Rs 1,425 crore in September 2024. Profit before tax grew by 42% YoY to Rs 335 crore. Life Insurance: Individual First Year Premium (FYP) grew by 33% YoY to Rs 1,578 crore. Group New Business Premium grew by 45% YoY to Rs 2,834 crore. Renewal premium grew by 12% YoY to Rs 3,942 crore. 13th month persistency continued to improve at 88% in September 2024 (September 2023: 87%). 61st month persistency was strong at 67% in September 2024 (September 2023: 60%). Net VNB margin was 7.4%. Embedded value grew by 21% YoY to Rs 12,368 crore Health Insurance: Gross written premium (GWP) grew by 39% YoY to 2,171 crore, with Retail premium growth at 51% YoY. Market share among standalone health insurers (SAHI) increased by 123 basis points yearon-year to 11.9%. Combined ratio improved to 113% from 119% in H1FY24. Result PDF