Ellenbarrie Industrial Gases Ltd has reported a 37.68 per cent drop in net profit at Rs 0.83 crore for the quarter ended December 31, 2008 compared to Rs 1.33 crore reported in the corresponding period last year.

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The net sales of the Kolkata-based company for the quarter declined marginally by 1.95 per cent to Rs 13.51 crore as against to Rs 13.78 crore reported in the same period a year ago.

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