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Aditya Birla Nuvo reports 2% rise in Q2 consolidated net profit

14 Nov 2013 Evaluate

Aditya Birla Nuvo has reported results for the second quarter ended September 30, 2013.

The company has reported 126.81% rise in its net profit at Rs 218.46 crore for the quarter as compared to Rs 96.32 crore for the same quarter in the previous year. However, total income of the company has decreased by 12.55% at Rs 2259.77 crore for quarter under review as compared to Rs 2584.22 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a rise of 2.26% in net profit after taxes and minority interest of Rs 290.15 crore as compared to Rs 283.73 crore in the same quarter previous year.  Total income of the group rose 0.54% to Rs 6565.80 crore for quarter under review as against Rs 6530.16 crore in corresponding quarter previous year.

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