*Century Enka*,
(Q<http://myiris.com/shares/company/quoteShow.php?icode=CENENKA>,
N <http://myiris.com/shares/news/corporateNews.php?cSelect=5&icode=CENENKA>,
C <http://myiris.com/shares/company/chartShow.php?cSelect=2&icode=CENENKA>,
F) <http://myiris.com/shares/company/financial.php?cSelect=3&icode=CENENKA>*
a joint venture of B K Birla Group and the Accordis Group of Netherlands swung
to loss for the quarter ended December 2008 following fall in income from
both business and non-business income. Non business income of the company
reported a sharp decline of 77.02% to stand at Rs 5.40 million.

During the quarter, the company reported loss of Rs 48.80 million compared
with a profit of Rs 13 million in the same quarter last year.

Net sales declined 15.77% to Rs 2,585 million, while total income for the
quarter fell 16.23% to Rs 2,590.40 million, when compared with the prior
year period.

The company reported loss of Rs 2.43 a share during the quarter compared
with earnings of Rs 0.65 a share in prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 2,585 3,068.90 (15.77) *Net Profit* (48.80) 13 - *Basic
EPS* (2.43) 0.65 -

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