News from Notch Consulting, Inc.

August 15, 2011

Aditya Birla Nuvo reports 32% volume growth in carbon black

Filed under: Carbon Black — Notch @ 12:31 am

Aditya Birla Nuvo Limited reported strong quarterly results for the quarter ended June 30, 2011. Net earnings were up 70% compared to the same quarter last year, while the company’s revenue grew by 24% from Rs 3,857 crore to Rs 4,767 crore. Along with strong results in the fashion, apparel and textiles businesses, a 32% volume growth and higher power sales in the carbon black business contributed to the growth.

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