Aditya Birla Nuvo ltd (ABNl)on Friday reported 24.16 per cent increase in net profit at Rs 331.33 crore for the first quarter ended June 30, 2013, driven by strong performance from all its business verticals .
The company had reported net profit of Rs 266.84 crore in the same quarter a year ago. Aditya Birla Nuvo's net sales during the quarter under review were at Rs 5,680.14 crore, an increase of 8.11 per cent as against Rs 5,253.58 in the corresponding period last year, the company said in a BSE filing.
“Amidst the challenging marco-economic scenario, ABNl has posted strong earnings growth. The company is competitively well positioned in most of its business,” the company said in a statement.