SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Aditya Birla Nuvo surges on reporting 24% jump in Q1 net profit

16 Aug 2013 Evaluate

Aditya Birla Nuvo is currently trading at Rs. 1256.10, up by 7.05 points or 0.56% from its previous closing of Rs. 1249.05 on the BSE.

The scrip opened at Rs. 1251.10 and has touched a high and low of Rs. 1271.00 and Rs. 1235.70 respectively. So far 11411 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1271.00 on 16-Aug-2013 and a 52 week low of Rs. 738.15 on 03-Sep-2012.

Last one week high and low of the scrip stood at Rs. 1271.00 and Rs. 1097.00 respectively. The current market cap of the company is Rs. 15118.99 crore.

The promoters holding in the company stood at 53.75% while Institutions and Non-Institutions held 28.56% and 15.04% respectively.

Aditya Birla Nuvo (ABNL) reported 24.16 per cent increase in net profit at Rs 331.33 crore for the first quarter ended June 30, 2013, driven by strong performance from all its business verticals. The company had reported net profit of Rs 266.84 crore in the same quarter a year ago. Aditya Birla Nuvo's net sales during the quarter under review were at Rs 5,680.14 crore, an increase of 8.11 per cent as against Rs 5,253.58 in the corresponding period last year. Amidst the challenging marco-economic scenario, ABNL has posted strong earnings growth. The company is competitively well positioned in most of its business.

During the quarter, revenue from branded apparels and accessories were at Rs 982.06 crore, an increase of 87.41 per cent while revenue from textiles grew marginally by 2.84 per cent at Rs 312.84 crore. Revenue from telecom was at Rs 1,651.23 crore, an increase of 18.57 per cent. Life insurance business segment contributed Rs 895.16 crore to the revenue, a decline of 17.75 per cent while revenue from other financial services increased by over two fold to Rs 474.47 crore. During the quarter, revenue from IT/ITES grew by 9.17 per cent at Rs 657.55 crore. Overall expenses in the quarter were at Rs 5,053.23 crore, an increase of 5.95 per cent compared with Rs 4,769.4 crore in the same quarter last year.

 

Peers
Company Name CMP
Grasim Industries 2718.25
DCM Shriram 1225.85
3M India 31394.15
Hindustan Foods 509.15
Balmer Lawrie & Co 176.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×