Aditya Birla Capital Reports Mixed Performance in Q4 2023 Financial Results

Aditya Birla Capital, a leading finance and non-banking financial company (NBFC) in India, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Aditya Birla Capital has seen a flat performance in the last quarter of 2023, with a score of 2 compared to 12 in the previous three months. However, there are some positive aspects to the company's financials.

The company's operating profit (PBDIT) for the quarter was the highest at Rs 3,036.42 crore and has been growing consistently in the last five quarters. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) for the quarter was also the highest at Rs 1,034.84 crore and has been growing each quarter in the last five quarters. The near-term trend for PBT is very positive.

In terms of net sales, Aditya Birla Capital recorded its highest at Rs 8,800.06 crore in the last five quarters, with a positive trend in the near term. The company's net sales have also grown at a rate of 26.84% year on year (YoY), indicating a positive trend in the near term. Similarly, the PBT has also grown at a rate of 38.19% YoY, showing a positive trend in the near term.

However, the company's profit after tax (PAT) for the quarter has fallen by -77.5% YoY, which is a negative trend in the near term. Overall, Aditya Birla Capital has shown a mixed performance in the last quarter, with some positive and negative aspects. Investors are advised to hold their stocks and keep an eye on the company's future financial reports.