The company announced the results after market hours on Monday, 1 August 2011.

Meanwhile, the BSE Sensex was down 196.23 points, or 1.07%, to 18,118.10.

On BSE, 1.64 lakh shares were traded in the counter as against an average daily volume of 1.83 lakh shares in the past one quarter.

The stock hit a high of Rs 46.40 and a low of Rs 43.80 so far during the day. The stock had hit a record high of Rs 147.80 on 10 November 2010 and a 52-week low of Rs 30.50 on 20 June 2011.

The small-cap stock had outperformed the market over the past one month till 1 August 2011, rising 13.31% compared with the Sensex's 2.39% fall. The scrip had, however, underperformed the market in past one quarter, falling 20.92% as against 4.29% decline in the Sensex.

The company has an equity capital of Rs 115.29 crore. Face value per share is Rs 10.

The company's profitability slumped due to 58.49% surge in cost of consumption of raw materials to Rs 43 crore and 79.31% jump in interest charges to Rs 13.09 crore in Q1 June 2011 over Q1 June 2010.

Tilaknagar Industries is engaged in the business of manufacture and sale of Indian made foreign liquor (IMFL) and its related products.