Aditya Birla Group News

Markets

Prabhudas Lilladher advises long-term SIPs in Aditya Birla Group stocks UltraTech Cement, Hindalco and more; here’s why

Domestic brokerage house Prabhudas Lilladher has advised long-term SIPs (systematic investment plans) with Aditya Birla Group stocks. In its latest newsletter, the brokerage has endorsed the consistent wealth-building potential of these stocks.

3 min read30 Apr 2024
Companies

B2B e-commerce platform Birla Pivot clocks revenue of more than ₹1,000 crore in a year

Launched last July by Aditya Birla Group chairman Kumar Mangalam Birla, it aims to hit $1 billion in revenue in the next three years.

1 min read9 Apr 2024
Companies

UltraTech Q2 net up 69% at ₹1,280 crore

UltraTech also reported a 15.24% year on year increase in its consolidated net sales to ₹16,179 crore in the July-September quarter from ₹14,039 crore in the same quarter last year.

2 min read19 Oct 2023
Companies

UltraTech’s Q1 net rises 6.6% as infra demand up

The profit beats Bloomberg analysts’ estimate at ₹1,615.3 crore for the country’s largest cement-maker.

2 min read22 Jul 2023
Markets

Telecom sector pines for tariff call

Vodafone Idea proposes to infuse a total equity of ₹14,000 crore in the near term as part of its business revival plan.

3 min read15 Jun 2023
Companies

Wet paint alert: Can Grasim Industries surprise Berger Paints?

For the first time, in decades, there are rumblings of an impending war in India’s ₹70,000 crore paints industry

10 min read14 Jun 2023
Companies

Aditya Birla Group to enter jewellery retail biz with ₹5000 crore investment

The new venture Novel Jewels will have large-format exclusive jewellery retail stores across India, with in-house jewellery brands, the group said in a statement on Tuesday.

1 min read6 Jun 2023
Industry

Aditya Birla assembles top team for B2B e-commerce

The platform will utilise Grasim’s large B2B ecosystem to address challenges in the existing supply chain, and will offer procurement, delivery, quality assurance and competitive pricing for products. Sandeep Komaravelly will be CEO, while Abhilash Pillai will be COO.

3 min read29 May 2023
Markets

Hindalco Industries Q4FY23 Results: Net profit down 37% at ₹2,411 crore; declares dividend

Hindalco Industries Q4FY23 Results: The company on Wednesday reported an 37% year-on-year fall in its consolidated net profit (attributable to owners of the company) for the fiscal’s fourth quarter ended March (Q4FY23) to ₹2,411 crore.

2 min read24 May 2023
Markets

Aditya Birla Capital Q4 Results: Net profit rises 35% to ₹608 crore, NBFC loan book grows 46%

The revenue of the financial services company came in at ₹9,146 crore in the fourth quarter, reporting a growth of 31 per cent, compared to ₹6,962 crore in the year-ago period.

1 min read11 May 2023
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