May 18, 2017 / 8:13 AM / in 2 months

BRIEF-India's Aditya Birla Nuvo consol March-qtr profit down about 52 pct

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May 18 (Reuters) - Aditya Birla Nuvo Ltd

* Consol March quarter profit 1.30 billion rupees

* Consol March quarter total income 43.74 billion rupees

* Consol profit in March quarter last year was 2.74 billion rupees as per Ind-AS; consol total income was INR 37.72 billion

* Demonetisation has led to a temporary liquidity shortage in trade channel as well as downstream players in textiles value chain

* Co has planned a capex of about 2 billion rupees for its divisions including ongoing linen yarn and FY expansions Source text: bit.ly/2rhONAK Further company coverage:

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