Bihar Caustic & Chemicals announced a steep drop in standalone net profit
for the quarter ended December 2008. During the quarter, the profit of the
company declined 26.94% to Rs 120.18 million from Rs 164.50 million in the
same quarter last year.

Net sales for the quarter rose 3.62% to Rs 498.51 million, while total
income for the quarter rose 1.97% to Rs 507.23 million, when compared with
the prior year period.

The company posted earnings of Rs 5.14 a share during the quarter,
registering 26.88% decline over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 498.51 481.10 3.62 *Net Profit* 120.18 164.50 (26.94)
*Basic EPS* 5.14 7.03 (26.88)

Interest cost decreased 36.05% to Rs 12.86 million while depreciation cost
rose 4.89% to Rs 46.74 million over previous year period.

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