Zenith Birla Q3 pre-tax profit up 48%

Announcing the results, Mr. M S Arora, Managing Director, Zenith Birla (India) Ltd., the flagship company of the Yash Birla Group (YBG), informed that the company has posted an impressive 48% rise in profit before tax (PBT) to Rs 8.37 Crores for the third quarter ended December 31, 2009, as against Rs. 5.64 Crores in the corresponding quarter a year ago. The Company has a net profit of 4.58 Crores for the third quarter of the financial year 2009 - 2010. In the same period, EBITA by 15% as compared to the corresponding period, last year. These results were declared at a Board Meeting held on 29th January, 2010 to announce the results for the quarter ended December 31, 2009.

Zenith Birla (India) Limited, manufactures and sells steel pipes and cutting tools in India. Its steel pipes are used in various applications, including water and gas, line pipes, structural pipes, conveyor idlers, bore well casings, scaffolding tubes, electric poles, telecommunications, conduits, precision tubes, and automobile chassis.

The cutting tools are known for its DAGGER brand have large range of Drills, Reamers, Taps, Jobbers and are widely accepted for both Industrial and non-industrial use.

Zenith Birla (India) Limited also exports its products primarily to the United States, Middle East, Africa, and Europe. The company has a more than 500 number of strong dealer/sub dealer network in India.

About Yash Birla Group

The Yash Birla Group is an INR 30 Billion conglomerate of over 20 diversified companies which run the gamut from established sectors like Auto & Engineering, Textiles & Chemicals and Power & Electricals to emerging sectors of today like Wellness & Lifestyle, Education & IT. Today the group has 9 listed entities in India.