Aditya Birla Capital’s standalone net profit increased by 3% to ₹676 crore. This is for the quarter ended June 2025. Assets under management grew by 22% to ₹1.31 lakh crore. The NBFC business saw an 18% rise in disbursements. Consolidated net profit also rose by 10% to ₹835 crore.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment