Miscellaneous firm Aditya Birla Nuvo Ltd (ABNL) today reported an 11.57% increase in consolidated net profit at Rs 345.27 cr for the third quarter finished Dec 31, 2013.
The company had exposed a consolidated net profit of Rs 309.45 cr in the same quarter a year ago.
Consolidated total income from operations during the Oct-Dec quarter, though, fell to Rs 6,544.80 cr from Rs 6,737.21 cr in the corresponding interval last year, the company said in a BSE processing.
All through the quarter, there was an increase of 9.34% in consolidated revenue from branded apparels & accessories to Rs 1,231.82 cr. It was Rs 1,126.51 in the same quarter last financial.
Consolidated revenue from textiles increased 22.88% to Rs 331.46 cr.
Revenue from telecom service was at Rs 1,669.76 cr, an increase of 18.38%. It was Rs 1,410.41 cr in the same quarter last financial.
The life insurance business segment contributed Rs 983.38 cr to the revenue, a decrease of 13.3%. It was Rs 1,134.29 cr in the same period last financial.
The firm’s consolidated revenue from other financial services increased 35.16% to Rs 494.43 cr from Rs 365.81 cr in the corresponding period.
Revenue from IT/ITeS increased by 18.87% at Rs 741.93 cr. It was Rs 624.15 in the same quarter last financial.
Company shares were dealing at Rs 1102.95 per scrip all through the afternoon trade, up 0.51% from its last close on the BSE.
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