| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 143.88 | 143.88 | 143.88 | 124.48 | 124.48 |
| Equity - Authorised | 200.00 | 200.00 | 200.00 | 200.00 | 200.00 |
| Equity - Issued | 144.12 | 144.12 | 144.12 | 124.72 | 124.72 |
| Equity Paid Up | 143.69 | 143.69 | 143.69 | 124.29 | 124.29 |
| Equity Shares Forfeited | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 |
| 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 | 9.48 | 9.48 | 0.00 | 0.00 |
| Total Reserves | 484.59 | 571.81 | 514.36 | 26.12 | 243.31 |
| Securities Premium | 433.12 | 574.10 | 574.10 | 302.31 | 302.31 |
| Capital Reserves | 9.48 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 18.19 | -41.45 | -109.77 | -306.54 | -211.86 |
| General Reserves | 23.81 | 24.16 | 20.03 | 0.35 | 122.86 |
| Other Reserves | 0.00 | 15.00 | 30.00 | 30.00 | 30.00 |
| Reserve excluding Revaluation Reserve | 484.59 | 571.81 | 514.36 | 26.12 | 243.31 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 628.47 | 725.16 | 667.72 | 150.60 | 367.79 |
| Minority Interest | 2.67 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 0.00 | 755.07 | 835.04 | 1419.42 | 1477.69 |
| Non Convertible Debentures | 0.00 | 28.73 | 61.82 | 433.49 | 433.75 |
| 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 | 0.00 | 283.12 | 356.26 | 510.57 | 505.36 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 86.20 |
| Other Secured | 0.00 | 443.22 | 416.96 | 475.36 | 452.38 |
| Unsecured Loans | 10.82 | 93.75 | 136.85 | 145.00 | 172.41 |
| Fixed Deposits - Public | 0.00 | 6.45 | 10.93 | 80.09 | 122.77 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 28.68 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 10.82 | 87.30 | 97.24 | 64.91 | 49.65 |
| Deferred Tax Assets / Liabilities | 0.00 | -29.65 | -29.65 | -29.65 | -29.65 |
| Deferred Tax Assets | 0.00 | 68.44 | 77.01 | 135.26 | 141.61 |
| Deferred Tax Liability | 0.00 | 38.79 | 47.36 | 105.61 | 111.95 |
| 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 | 10.82 | 819.17 | 942.23 | 1534.77 | 1620.45 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 0.09 | 309.27 | 379.37 | 375.05 | 337.12 |
| Sundry Creditors | 0.09 | 297.43 | 363.48 | 361.23 | 331.20 |
| Acceptances | 0.00 | 11.84 | 15.88 | 13.82 | 5.92 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 11.63 | 65.95 | 62.36 | 231.47 | 173.20 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 1.75 | 3.43 | 1.86 |
| Advances received from customers | 0.00 | 40.22 | 25.69 | 27.41 | 17.90 |
| Interest Accrued But Not Due | 0.00 | 3.59 | 4.62 | 177.07 | 129.13 |
| 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 | 11.63 | 22.13 | 30.30 | 23.55 | 24.32 |
| 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 | 49.65 | 142.74 | 60.43 | 34.59 |
| Proposed Equity Dividend | 0.00 | 21.55 | 35.92 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 3.66 | 5.04 | 0.00 | 0.00 |
| Provision for Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for post retirement benefits | 0.00 | 24.44 | 17.51 | 16.24 | 14.08 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 | 84.26 | 44.19 | 20.51 |
| Total Current Liabilities | 11.72 | 424.87 | 584.46 | 666.95 | 544.90 |
| Total Liabilities | 653.68 | 1969.21 | 2194.41 | 2352.32 | 2533.14 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 14.15 | 934.73 | 925.79 | 871.45 | 859.79 |
| Less: Accumulated Depreciation | 4.28 | 548.80 | 504.74 | 448.90 | 402.38 |
| Less: Impairment of Assets | 0.00 | 124.71 | 124.71 | 124.71 | 0.00 |
| Net Block | 9.87 | 261.22 | 296.34 | 297.84 | 457.40 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 119.68 | 1.31 | 17.13 | 18.02 |
| Non Current Investments | 534.12 | 898.43 | 949.05 | 1344.75 | 1355.85 |
| Long Term Investment | 534.12 | 898.43 | 949.05 | 1344.75 | 1355.85 |
| Quoted | 442.10 | 451.29 | 501.88 | 550.54 | 670.24 |
| Unquoted | 92.02 | 497.14 | 497.17 | 844.21 | 735.61 |
| 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 | 543.99 | 1279.33 | 1246.69 | 1659.73 | 1831.27 |
| 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 | 0.00 | 192.70 | 233.44 | 277.91 | 254.96 |
| Raw Materials | 0.00 | 39.07 | 47.80 | 53.88 | 80.48 |
| Work-in Progress | 0.00 | 69.08 | 77.98 | 92.54 | 69.63 |
| Finished Goods | 0.00 | 80.25 | 102.12 | 129.05 | 102.66 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 4.31 | 5.54 | 2.44 | 2.19 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 0.00 | 244.20 | 254.25 | 225.10 | 249.10 |
| Debtors more than Six months | 0.00 | 55.30 | 54.76 | 36.19 | 56.47 |
| Debtors Others | 0.00 | 219.44 | 236.24 | 206.22 | 198.35 |
| Cash and Bank | 4.17 | 81.93 | 272.89 | 6.97 | 10.63 |
| Cash in hand | 0.05 | 0.15 | 0.23 | 0.23 | 0.46 |
| Balances at Bank | 4.12 | 81.73 | 272.60 | 6.69 | 10.12 |
| Other cash and bank balances | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 |
| Other Current Assets | 2.21 | 6.74 | 6.07 | 25.66 | 16.66 |
| Interest accrued on Investments | 2.21 | 6.65 | 5.98 | 25.57 | 14.49 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other current_assets | 0.00 | 0.09 | 0.09 | 0.09 | 2.17 |
| Short Term Loans and Advances | 103.31 | 164.31 | 179.35 | 151.90 | 156.78 |
| Advances recoverable in cash or in kind | 10.56 | 58.15 | 51.35 | 54.10 | 68.73 |
| Advance income tax and TDS | 97.20 | 96.70 | 111.09 | 86.81 | 44.75 |
| 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 | -4.45 | 9.46 | 16.92 | 10.98 | 43.30 |
| Total Current Assets | 109.69 | 689.88 | 946.00 | 687.53 | 688.12 |
| Net Current Assets (Including Current Investments) | 97.97 | 265.01 | 361.54 | 20.58 | 143.22 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 1.73 | 5.07 | 13.75 |
| Total Assets | 653.68 | 1969.21 | 2194.41 | 2352.32 | 2533.14 |
| Contingent Liabilities | 0.00 | 0.14 | 0.15 | 0.99 | 1.03 |
| Total Debt | 10.82 | 848.83 | 971.89 | 1564.42 | 1650.10 |
| Book Value | 43.73 | 49.79 | 45.68 | 11.69 | 28.47 |
| Adjusted Book Value | 43.73 | 49.79 | 45.68 | 11.69 | 28.47 |