Aditya Birla Sun Life Asset Management Company, a key player in the Indian financial services sector and part of Aditya Birla Capital, saw its shares rise over 2% following the announcement of robust financial results for the second quarter of FY25.
For Q2 FY25, the company reported a remarkable 36% year-on-year (YoY) increase in net profit, reaching ₹242.4 crore, up from ₹178.1 crore in the same quarter last fiscal year. The company’s revenue from operations also surged, climbing 27% YoY to ₹424.2 crore, compared to ₹335 crore in Q2 FY24.
Following the announcement of these positive results, Aditya Birla Sun Life shares opened at ₹772.90, reaching a high of ₹784.20 and a low of ₹753.05 during the trading session.
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