Aditya Birla Group firm Aditya Birla Nuvo today reported a consolidated net profit of Rs 180 crore for the fourth quarter ended March 31, 2010.
The company had a consolidated net loss of Rs 146 crore for the quarter ended March 31, 2009, Aditya Birla Group said in a filing to the Bombay Stock Exchange.
"Figures for the current quarter and year to date are not comparable with that of the corresponding previous periods since there has been acquisitions, disposals, stake changes, mergers, de-mergers in the company and its subsidiaries and joint ventures," the company said.
The board of the company has proposed a dividend of Rs 5 per share on the face value of Rs 10 each for the financial year ended March 31, 2010.
For the year ended March 31, 2010, the company reported a net profit of Rs 154 crore, however, the company had a net loss of Rs 435.7 crore in the same year-ago period.
Shares of Aditya Birla Nuvo were trading at Rs 765 on the BSE, up 1.19 per cent from previous close.
