| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 120.48 | 120.48 | 120.48 | 120.48 | 160.56 |
| Equity - Authorised | 198.00 | 198.00 | 198.00 | 198.00 | 198.00 |
| Equity - Issued | 120.24 | 120.24 | 120.24 | 120.24 | 160.31 |
| Equity Paid Up | 120.24 | 120.24 | 120.24 | 120.24 | 160.31 |
| Equity Shares Forfeited | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 916.01 | 956.99 | 1035.96 | 1099.81 | 1514.71 |
| Securities Premium | 690.90 | 690.90 | 690.90 | 690.90 | 1011.53 |
| Capital Reserves | 2.47 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 0.00 | 0.00 | 0.00 | 0.50 | 0.50 |
| General Reserves | 182.30 | 224.95 | 304.66 | 408.05 | 496.02 |
| Other Reserves | 40.34 | 41.13 | 40.40 | 0.36 | 6.66 |
| Reserve excluding Revaluation Reserve | 916.01 | 956.99 | 1035.96 | 1099.81 | 1508.47 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 6.24 |
| Shareholder's Funds | 1036.49 | 1077.46 | 1156.44 | 1220.29 | 1675.27 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 10.27 | 17.66 | 29.77 | 29.70 | 159.93 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 9.28 | 15.97 | 6.60 | 5.00 | 123.67 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.99 | 1.70 | 23.16 | 24.70 | 36.26 |
| Unsecured Loans | 1.84 | 2.64 | 2.64 | 2.64 | 2.64 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 1.84 | 2.64 | 2.64 | 2.64 | 2.64 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | 2.60 | 4.17 | 6.12 | 8.54 | 8.89 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liability | 2.60 | 4.17 | 6.12 | 8.54 | 8.89 |
| Other Long Term Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Liabilities | 14.71 | 24.48 | 38.53 | 40.89 | 171.46 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 105.11 | 59.74 | 162.86 | 215.58 | 36.58 |
| Sundry Creditors | 105.11 | 59.74 | 162.86 | 215.58 | 36.58 |
| Acceptances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 138.29 | 210.37 | 146.81 | 142.27 | 113.65 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 0.06 | 0.64 | 0.05 | 0.64 | 1.40 |
| Interest Accrued But Not Due | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 138.23 | 209.73 | 146.76 | 141.63 | 112.25 |
| Short Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Loans- Sec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 243.40 | 270.11 | 309.67 | 357.84 | 150.23 |
| Total Liabilities | 1048.60 | 1097.77 | 1188.85 | 1252.64 | 1996.96 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 520.10 | 515.90 | 521.49 | 520.81 | 548.24 |
| Less: Accumulated Depreciation | 437.75 | 425.58 | 418.98 | 406.63 | 408.06 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 82.35 | 90.32 | 102.51 | 114.18 | 140.18 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.49 | 0.49 | 0.49 |
| Non Current Investments | 11.56 | 20.08 | 93.21 | 92.79 | 85.13 |
| Long Term Investment | 11.56 | 20.08 | 93.21 | 92.79 | 85.13 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 11.56 | 20.08 | 93.21 | 92.79 | 85.13 |
| Long Term Loans & Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Assets | 93.92 | 110.40 | 196.21 | 207.47 | 225.80 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 72.28 | 115.11 | 135.06 | 300.72 | 168.08 |
| Raw Materials | 30.87 | 60.04 | 76.14 | 119.70 | 97.88 |
| Work-in Progress | 0.63 | 9.03 | 8.65 | 16.08 | 6.28 |
| Finished Goods | 39.87 | 44.69 | 43.88 | 59.15 | 60.16 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.58 | 0.92 | 1.35 | 1.33 | 1.30 |
| Other Inventory | 0.33 | 0.43 | 5.05 | 104.46 | 2.46 |
| Sundry Debtors | 177.14 | 310.17 | 434.28 | 373.76 | 304.15 |
| Debtors more than Six months | 156.21 | 178.16 | 94.40 | 123.73 | 196.51 |
| Debtors Others | 38.98 | 148.08 | 353.41 | 261.95 | 117.99 |
| Cash and Bank | 898.32 | 784.08 | 639.86 | 630.16 | 1162.80 |
| Cash in hand | 0.24 | 0.42 | 0.94 | 0.54 | 0.27 |
| Balances at Bank | 897.11 | 774.36 | 630.88 | 617.79 | 1098.92 |
| Other cash and bank balances | 0.97 | 9.29 | 8.04 | 11.83 | 63.61 |
| Other Current Assets | 8.11 | 7.28 | 4.25 | 3.36 | 3.02 |
| Interest accrued on Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 7.99 | 7.10 | 4.18 | 3.27 | 3.02 |
| Prepaid Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other current_assets | 0.12 | 0.18 | 0.07 | 0.09 | 0.00 |
| Short Term Loans and Advances | 43.34 | 42.27 | 66.93 | 49.79 | 53.63 |
| Advances recoverable in cash or in kind | 1.83 | 2.06 | 1.71 | 2.10 | 2.47 |
| Advance income tax and TDS | 30.76 | 25.88 | 40.33 | 24.74 | 33.29 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 10.76 | 14.34 | 24.89 | 22.95 | 17.87 |
| Total Current Assets | 1199.19 | 1258.91 | 1280.38 | 1357.78 | 1691.67 |
| Net Current Assets (Including Current Investments) | 955.79 | 988.80 | 970.71 | 999.94 | 1541.44 |
| Miscellaneous Expenses not written off | 1.50 | 2.74 | 28.05 | 53.77 | 79.49 |
| Total Assets | 1048.60 | 1097.77 | 1188.85 | 1252.64 | 1996.96 |
| Contingent Liabilities | 325.31 | 332.13 | 0.58 | 207.03 | 322.40 |
| Total Debt | 12.11 | 20.31 | 32.41 | 32.35 | 162.57 |
| Book Value | 86.06 | 89.36 | 93.83 | 97.00 | 99.14 |
| Adjusted Book Value | 86.06 | 89.36 | 93.83 | 97.00 | 99.14 |