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Aditya Birla Nuvo declines after weak Q4 outcome

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Capital Market
Last Updated : May 21 2016 | 12:01 AM IST

Aditya Birla Nuvo fell 3.39% to Rs 1,001.75 at 15:13 IST on BSE after the company reported weak Q4 earnings during trading hours today, 20 May 2016.

Meanwhile, the BSE Sensex was down 78.52 points, or 0.31%, to 25,321.20.

On BSE, so far 1.29 crore shares were traded in the counter, compared with an average volume of 76,729 shares in the past one quarter. The stock hit a high of Rs 1,052 and a low of Rs 996.80 so far during the day. The stock hit a 52-week high of Rs 1,113.44 on 8 January 2016. The stock hit a 52-week low of Rs 685 on 29 February 2016. The stock had outperformed the market over the past one month till 19 May 2016, rising 21.16% compared with 1.61% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 40.02% as against Sensex's 7.13% rise.

The large-cap company has an equity capital of Rs 130.22 crore. Face value per share is Rs 10.

On a consolidated basis, Aditya Birla Nuvo (ABNL)'s net profit fell 1.51% to Rs 327 crore on 9.16% decline in revenue to Rs 6425 crore in Q4 March 2016 over Q4 March 2015. Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) rose 16.63% to Rs 1781 crore in Q4 March 2016 over Q4 March 2015.

On a like-to-like basis, consolidated net profit fell 1.80% to Rs 327 crore on 13.26% rise in revenue to Rs 6425 crore in Q4 March 2016 over Q4 March 2015. Consolidated EBITDA rose 29.25% to Rs 1781 crore in Q4 March 2016 over Q4 March 2015.

On a consolidated basis, ABNL's net profit rose 33.19% to Rs 1886 crore on 12.77% decline in revenue to Rs 23129 crore in the year ended March 2016 over the year ended March 2015. Consolidated EBITDA rose 12.71% to Rs 6535 crore in the year ended March 2016 over the year ended March 2015.

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On a like-to-like basis, consolidated net profit rose 30.34% to Rs 1886 crore on 11.21% increase in revenue to Rs 23129 crore in the year ended March 2016 over the year ended March 2015. Consolidated EBITDA rose 23.96% to Rs 6535 crore in the year ended March 2016 over the year ended March 2015.

Net profit for the year ended March 2016 includes exceptional gain of Rs 357 crore pertaining to cessation of Pantaloon Fashion and Retail (PFRL) as subsidiary of ABNL.

Aditya Birla Nuvo is a business conglomerate. It commands leadership position across its financial services, telecom, linen and manufacturing businesses.

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First Published: May 20 2016 | 3:09 PM IST

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