Aditya Birla Capital Ltd reported its Q2 FY26 earnings, posting a decline in profitability even as operating momentum remained steady. For the quarter ended September 30, 2025, the company’s net profit stood at ₹882.47 crore, down 13% from ₹1,015.18 crore in Q2 FY25. The decline follows higher expenses, particularly in life insurance policyholder outflows and employee-related costs.
Total income for the quarter rose 2.4% year-on-year to ₹10,609.35 crore, compared to ₹10,362.02 crore in the same period last year, supported by higher interest income and fee-based revenues.
Operating expenses grew notably, with finance costs increasing to ₹2,804.15 crore from ₹2,369.12 crore YoY. Employee expenses also rose to ₹519.87 crore versus ₹448.82 crore in the prior year quarter. Policyholder expenses in the life insurance division reached ₹5,207.70 crore, up from ₹5,433.48 crore a year ago.
Profit before tax came in at ₹1,211.63 crore, compared to ₹1,407.40 crore YoY.
For the half-year ended September 2025, the company reported a net profit of ₹1,733.24 crore, marginally lower than ₹1,771.92 crore in the corresponding period last year.
The stock market will monitor growth trends across the lending, insurance, and asset management verticals as the diversified financial services firm navigates a higher-rate environment and cost pressures.
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