**Market Brief: Aditya Birla Capital Q3 FY26** **Overview** Aditya Birla Capital delivered a robust financial performance for the quarter ended December 31, 2025 (Q3 FY26). The company recorded strong double-digit growth in profitability and revenue, driven by aggressive expansion in its lending portfolio and healthy traction across insurance and asset management segments. **Key Financial Highlights** * **Net Profit:** Consolidated profit surged **33%** year-on-year (YoY) to **₹945 crore**. Adjusted for one-offs, profit growth was even higher at **41%** (₹983 crore). * **Revenue:** Consolidated revenue from operations rose **27%** YoY to **₹11,952 crore**. * **Lending Portfolio:** The total lending book (NBFC + Housing Finance) expanded **30%** YoY, reaching **₹1.90 lakh crore**. * **Assets Under Management (AUM):** Total AUM across subsidiaries grew **19%** YoY to **₹5.98 lakh crore**. **Segment Performance** * **NBFC Business:** Disbursements jumped **41%** YoY to **₹21,417 crore**, with AUM rising **24%** to **₹1.48 lakh crore**. * **Housing Finance:** This segment outperformed with a **58%** YoY spike in AUM to **₹42,204 crore** and a **30%** increase in disbursements. * **Insurance:** Life insurance first-year premiums grew **19%**, while health insurance gross written premiums surged **39%** YoY. **Strategic Development** A significant highlight of the quarter was the fundraising in the housing finance subsidiary. The board approved a **₹2,750 crore** equity infusion from private equity major **Advent International** into Aditya Birla Housing Finance. This transaction values the housing finance arm at approximately **₹19,250 crore** and will result in Advent holding a **14.3%** stake. **Market Reaction** Following the strong results and the strategic investment news, Aditya Birla Capital shares witnessed buying interest, trading higher by approximately **4-8%** on the bourses, reflecting positive investor sentiment towards the growth roadmap and capital raising initiatives. **Next Step for You** I can conduct a deeper comparative analysis of Aditya Birla Capital’s valuation against peers like Bajaj Finance or Shriram Finance if you need a relative strength assessment.