Aditya Birla Nuvo Q3 net rises 2.94 per cent

Mumbai, Jan 29 (UNI) Aditya Birla Nuvo today announced that they have posted a net profit of Rs 52.71 crore for the quarter ended December 31, 2006 as against Rs 51.20 crore for the quarter ended December 31, 2005.

Announcing the results here the company said its total income (net of excise) is Rs 883.18 crore for the quarter ended December 31, 2006 while it was Rs 781.18 crore for the last quarter ended December 31, 2005.

As per the consolidated results, the Group has posted a net profit (after minority interest) of Rs 55.34 crore for the quarter ended December 31, 2006. Last quarter ended December 31, 2005 they had posted a net profit of Rs 55.00 crore.

Total Income (net of excise) is Rs 2297.26 crore for the quarter ended December 31, 2006. They had earlier posted Rs 1358.25 crore for the last quarter ended December 31, 2005.

The financial results and segment reporting for the quarter and period then ended December 31, 2005 have been restated to include the results of the erstwhile Indo Gulf Fertilizers and Birla Global Finance from the appointed date i.e. September 01, 2005.

Due to the merger, the results for the nine months period are not comparable with that of the corresponding period. Previous year's period's figures are regrouped and rearranged wherever necessary.

UNI