*Jaybharat Textiles & Real Estate* announced a sharp drop in standalone net
profit for the quarter ended December 2008. During the quarter, the profit
of the company fell 92.90% to Rs 23.18 million from Rs 43.19 million in the
same quarter last year.

Net sales and total income for the quarter declined 77.13% each to Rs 970.49
million when compared with the prior year period.

During the quarter, the company reported earnings of Rs 0.09 a share, a
declining 92.97% over previous year period.



  *Quarterly Results - Standalone (Rs in mn)*

*As at*

*Dec - 08*

*Dec - 07*

*%Change*

*Net Sales*

970.49

1,056.54

(77.13)

*Net Profit*

23.18

43.19

(92.90)

*Basic EPS*

0.09

0.17

(92.97)

Jaybharat Textiles and Real Estate is engaged in the textile business of
ring doubling of cotton yarn and manufacturing of cotton yarn by rotor
spinning.

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