Aditya Birla Nuvo Q4 net falls 33 per cent to Rs64 crore

15 May 2012

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Aditya Birla Nuvo has posted a net profit of Rs63.61 crore for the quarter ended 31 March 2012 against Rs94.89 crore during the quarter ended 31 March 2011. Total income of the company during the quarter increased to Rs2,253.96 crore from Rs1,795.71 crore during the quarter ended 31 March 2011.

For the year ended 31 March 2012, the company has posted a net profit of Rs345.39 crore, against Rs379.69 crore during the year ended 31 March 2011.

Total income during the financial year has increased by 32.21 per cent to Rs8,623.22 crore from Rs6,522.10 crore during the year ended 31 March 2011, audited financial results filed by the company with the Bombay Stock Exchange (BSE) showed.

Consolidated net profit of the group (after taxes, minority interest and share of profit of associates) has fallen 42 per cent year-on-year to Rs170.27 crore during the quarter ended 31 March 2012, from Rs293.56 crore during the quarter ended 31 March 2011.

Total group income during the quarter has increased 15.25 per cent to Rs6,081.14 crore, from Rs5,276.65 crore during the quarter ended 31 March 2011, unaudited results released by the company showed.

For the year ended 31 March 2012, the group has posted a net profit (after taxes, minority interest and share of profit of associates) of Rs890.13 crore, up 8.28 per cent compared with the net profit of Rs822.10 crore reported in the previous financial year.

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