Aditya Birla Nuvo Q1 net up 83 pc to Rs 56.28 crore

Mumbai, July 29 (UNI) Aditya Birla Nuvo Ltd has posted a net profit of Rs 56.28 crore for the quarter ended June 30, 2006 as compared to Rs 30.75 crore for the quarter ended June 30, 2005, a rise of 83.02 per cent.

Announcing the results, the company said its total income (net of excise) is Rs 799.44 crore for the quarter ended June 30, 2006 whereas the same was at Rs 487.55 crore for the quarter ended June 30, 2005.

As per the consolidated results, the Group has posted a net profit (after minority interest) of Rs 66.71 crore for the quarter ended June 30, 2006 as against Rs 33.03 crore for the quarter ended June 30, 2005. Total income (net of excise) is Rs 1,480.49 crore for the quarter ended June 30, 2006 as compared to Rs 778.96 crore for the quarter ended June 30, 2005.

Due to merger of Indo Gulf Fertilizers Ltd and Birla Global Finance Ltd with the Company from September 01, 2005, the results for the quarter are not comparable with that of the corresponding quarter.

Previous year's figures are regrouped wherever necessary.

UNI SN GB SKB1808