AB Nuvo: EBITDA margin increases 25% in Q2
Business conglomerate Aditya Birla Nuvo has clocked a consolidated net profit of Rs 214 crore, in the quarter ending September 30, 2011. In the corresponding period last year, it had registered a net profit of Rs 105 crore. Rajesh Jain, MD of Aditya Birla Nuvo, said during the quarter revenues rose 18 per cent and EBITDA margins jumped by 25 per cent.
