Mumbai: Pidilite Industries, makers of the adhesive Fevicol, on Thursday said its net loss in the third quarter of the current fiscal stood at Rs9.27 crore, while it had a net profit of Rs40.87 crore in the same period a year ago.
However, total income rose to Rs409.89 crore in the December quarter from Rs392.47 crore a year ago, Pidilite Industries said in a filing to the Bombay Stock Exchange.
For the nine-month period ended 31 December 2008, India’s top adhesive and speciality chemicals manufacturer registered a net profit of Rs78.81 crore, a decline of 49.10% over the corresponding period a year ago.
It had a net profit of Rs154.86 crore in the same period last financial year.
Shares of Pidilite Industries were trading at Rs101.70, down 0.29% in the afternoon trade on the BSE.