*Tai Industries* swung to loss for the quarter ended December 2008. During
the quarter, the company reported loss of Rs 6.47 million compared with a
profit of Rs 1.64 million in the same quarter last year.

Net sales declined marginally 2.50% to Rs 107 million, while total income
for the quarter fell 4.40% to Rs 109.02 million, when compared with the
prior year period.

The company reported loss of Rs 1.08 a share during the quarter compared
with earnings of Rs 0.27 a share in prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 107.34 110.09 (2.50) *Net Profit* (6.47) 1.64 - *Basic
EPS* (1.08) 0.27 -

During the quarter, interest cost decreased 12.50% to Rs 0.21 million while
depreciation cost fell 25.32% to Rs 1.18 million over previous year period.

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