Aditya Birla Nuvo Q4 net down 11.43% at Rs 176.13 cr

Written by PTI | New Delhi | Updated: May 20 2014, 22:27pm hrs
PanAditya Birla Nuvo Ltd had reported net profit of Rs 198.87 cr in Jan-March qtr of 2012-13 fiscal.
Diversified firm Aditya Birla Nuvo Ltd today reported 11.43 per cent decline in consolidated net profit at Rs 176.13 crore for the quarter ended March 31, 2014.

It had reported net profit of Rs 198.87 crore in the January-March quarter of 2012-13 fiscal, Aditya Birla Nuvo Ltd (ABNL) said in a BSE filing.

ABNL's net sales during Q4, 2013-14 grew marginally by 2.13 per cent to Rs 7,049.92 crore from Rs 6,902.84 crore in the year-ago period.

Its consolidated Q4 revenue from branded apparels and accessories was Rs 1,242.72 crore, an increase of 17.05 per cent, while consolidated revenue from textiles grew by 21.98 per cent at Rs 344.72 crore.

Revenue from telecom services was Rs 1,751.83 crore, an increase of 15.54 per cent, while revenue from life insurance business segment contributed Rs 1,739.41 crore, an increase of 6.24 per cent. The firm's consolidated revenue from other financial services increased by 33.58 per cent to Rs 533.47 crore.

ABNL scrip close at Rs 1,243.10, up 0.89 per cent, on the BSE.