Aditya Birla Nuvo Q4 rises 17 per cent to Rs 198.87 crore

NEW DELHI: Diversified Aditya Birla Nuvo today reported 16.79 per cent increase in consolidated net profit at Rs 198.87 crore for the quarter ended March 31, 2013.

The company had a consolidated net profit of Rs 170.27 crore in the January-March quarter of the previous fiscal.

Company's consolidated income from operation was Rs 6,906.92 crore in the fourth quarter ended March 31, 2013 from Rs 5,922.23 crore in the year-ago period, said Aditya Birla Nuvo in a filing to BSE.

For the financial year ended in March 2013, Aditya Birla Nuvo posted a consolidated profit of Rs 1,058.89 crore. For 2011-12 fiscal, it was Rs 890.13 crore.

Aditya Birla Nuvo's net sales in 2012-13 was Rs 25,180.45 crore as compared to Rs 21,592.48 crore in fiscal 2011-12.

Meanwhile, in a separate filing, Aditya Birla Nuvo has informed BSE that its Board of Directors has recommended payment of dividend of Rs. 6.50 per Equity Share of Rs 10 each and Rs six per Preference Share of Rs 100.

Aditya Birla Nuvo today closed at Rs 1,082.50 per share, down 0.67 per cent from previous close on the BSE.