*Gujarat Fluorochemicals* announced a decline in standalone net profit for
the quarter ended December 2008. During the quarter, the profit of the
company declined 13.38% to Rs 713.20 million from Rs 823.40 million in the
same quarter previous year.

Net sales for the quarter rose 27.72% to Rs 2,511.90 million, while total
income for the quarter rose 5.92% to Rs 2,577.20 million, when compared with
the prior year period.

The company posted earnings of Rs 6.23 a share during the quarter,
registering 56.19% decline over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 2,511.90 1,966.80 27.72 *Net Profit* 713.20 823.40
(13.38) *Basic EPS* 6.23 14.22 (56.19)


The company manufactures chloro-fluoro carbon (CFC), refrigerant gases and
anhydrous hydrofluoric acid that cater to refrigeration, air-conditioning
and other industrial applications

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