Birla Corporation, the flagship company of M P Birla group, today said its standalone net profit for the quarter ended December 31, 2008, fell by 23.51 per cent to Rs 81.38 crore, as compared to Rs 106.40 crore in the same quarter of last fiscal, the company said in a filing to the Bombay Stock Exchange.
The net sales of the company rose to Rs 453.14 crore for the quarter under review, against Rs 432.86 crore a year-ago.
For the nine-month ended December 31, the company has posted a net profit of Rs 232.90 crore, against Rs 307.01 crore in the same quarter last fiscal.