Anik Industries (MADPRAGI), earlier known as Madhya Pradesh Glychem Industries, produces solvent extraction, food, milk and milk products. Some of these businesses have been hived off to a separate unit. The company has plants at different locations in Madhya Pradesh. The company`s registered office is in Mumbai and S. C. Shahra is its managing director. Financials The company announced rise of 427.36% in standalone net profit on y-o-y basis to Rs 14.67 million, while total income fell 5.26% y-o-y basis to Rs 4.11 billion for the quarter ended March 2011.