*Millennium Beer Industries* loss for the quarter ended December 2008 has
narrowed. During the quarter, the loss of the company decreased to Rs 81.40
million compared with a loss of Rs 82.40 million in the same quarter
previous year.

Net sales for the quarter rose 29.91% to Rs 456.10 million, while total
income for the quarter rose 29.62% to Rs 461.20 million, when compared with
the prior year period.

The company posted loss of Rs 1.48 a share during the quarter compared with
loss of Rs 1.50 a share in prior year period.



  *Quarterly Results - Standalone (Rs in mn)*
 *As at*
 *Dec - 08*
 *Dec - 07*
 *%Change*
 *Net Sales*
 456.10
 351.10
 29.91
 *Net Profit*
 (81.40)
 (82.40)
 -
 *Basic EPS*
 (1.48)
 (1.50)


B.Karthick
Research Analyst

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