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Aditya Birla Nuvo reports Q4, net profit declined 52% to Rs 130 crore

Aditya Birla Nuvo has posted 52.34 percent decline in its consolidated net profit to Rs 130.33 crore for the March quarter.

Aditya Birla Nuvo Ltd (ABNL) said in a BSE filing that the company had posted a consolidated net profit of Rs 273.50 crore in the January-March quarter of the previous fiscal, 2015-16.

The total expenses during the fourth quarter of 2016-17 increased 16.93 percent to Rs 4,129.30 crore as compared to Rs 3,531.31 crore in the year ago period.

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