ABNL net profit down 8.40 percent in September quarter

Aditya Birla Nuvo (ABNL), the holding company of Aditya Birla Group, has reported a 8.40 percent decline in consolidated net profit at Rs 414.04 crores for the quarter ended September 30, 2015. The company had reported a net profit of Rs 452.02 crores in the corresponding period a year ago. ABNL's net sales rose by 11.48 percent to Rs 7,237.88 crores against Rs 6,492.06 crores in the same quarter last year, the company said in a regulatory filing.