| (Rs.in Million) |
| Particulars | Mar 2008 | Jun 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 8.88 | 85.45 | 85.45 | 85.45 | 85.45 |
| Equity - Authorised | 300.00 | 300.00 | 300.00 | 300.00 | 300.00 |
| Equity - Issued | 8.51 | 86.54 | 86.54 | 86.54 | 86.54 |
| Equity Paid Up | 8.51 | 85.08 | 85.08 | 85.08 | 85.08 |
| Equity Shares Forfeited | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 |
| 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 | 1.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | -11.08 | -445.36 | -447.05 | -695.75 | -113.05 |
| Securities Premium | 6.53 | 6.53 | 6.53 | 6.53 | 6.53 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Profit & Loss Account Balance | -67.83 | -502.12 | -504.80 | -753.50 | -642.40 |
| General Reserves | 50.10 | 44.60 | 44.60 | 44.60 | 44.60 |
| Other Reserves | 0.13 | 5.63 | 6.63 | 6.63 | 477.22 |
| Reserve excluding Revaluation Reserve | -11.08 | -445.36 | -447.05 | -695.75 | -584.65 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 471.60 |
| Shareholder's Funds | -2.20 | -359.91 | -361.60 | -610.29 | -27.59 |
| 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 | 0.00 | 84.73 | 86.32 | 469.35 | 446.21 |
| Non Convertible Debentures | 0.00 | 15.00 | 26.31 | 24.91 | 23.61 |
| 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 | 0.00 | 0.00 | 26.05 | 166.22 |
| Term Loans - Institutions | 0.00 | 30.00 | 50.51 | 149.08 | 0.00 |
| Other Secured | 0.00 | 39.73 | 9.50 | 269.32 | 256.38 |
| Unsecured Loans | 0.00 | 20.11 | 22.99 | 26.42 | 26.42 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 0.00 | 20.11 | 22.99 | 26.42 | 26.42 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | -2.98 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 2.98 |
| Deferred Tax Liability | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 0.00 | 104.84 | 109.31 | 495.77 | 469.66 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 0.00 | 4.18 | 18.67 | 21.60 | 22.00 |
| Sundry Creditors | 0.00 | 4.18 | 18.67 | 21.60 | 22.00 |
| 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 | 9.34 | 455.67 | 498.54 | 465.98 | 419.17 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 0.00 | 0.00 | 0.00 | 0.00 | 3.56 |
| 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 | 9.34 | 455.67 | 498.54 | 465.98 | 415.60 |
| 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 | 0.03 | 6.78 | 7.04 | 11.51 | 9.87 |
| 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 | 0.03 | 0.12 | 0.18 | 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 | 6.67 | 6.86 | 11.51 | 9.87 |
| Total Current Liabilities | 9.37 | 466.63 | 524.24 | 499.09 | 451.03 |
| Total Liabilities | 7.17 | 211.56 | 271.96 | 384.57 | 893.09 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 63.86 | 668.08 | 667.87 | 668.41 | 1477.56 |
| Less: Accumulated Depreciation | 62.60 | 543.84 | 522.83 | 504.98 | 823.77 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 1.26 | 124.25 | 145.05 | 163.43 | 653.79 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non Current Investments | 1.06 | 16.39 | 16.44 | 15.52 | 15.49 |
| Long Term Investment | 1.06 | 16.39 | 16.44 | 15.52 | 15.49 |
| Quoted | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Unquoted | 1.06 | 16.38 | 16.43 | 15.51 | 15.48 |
| 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 | 2.32 | 140.64 | 161.49 | 178.94 | 669.28 |
| 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 | 16.08 | 33.84 | 96.32 | 89.71 |
| Raw Materials | 0.00 | 0.33 | 1.63 | 10.45 | 4.83 |
| Work-in Progress | 0.00 | 0.00 | 10.91 | 33.75 | 37.44 |
| Finished Goods | 0.00 | 0.00 | 3.78 | 6.77 | 8.21 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 15.76 | 17.52 | 45.36 | 39.24 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 0.00 | 0.00 | 0.58 | 45.15 | 76.18 |
| Debtors more than Six months | 0.00 | 0.00 | 6.86 | 36.45 | 29.39 |
| Debtors Others | 0.00 | 0.00 | 0.00 | 15.13 | 53.21 |
| Cash and Bank | 1.26 | 37.58 | 9.36 | 9.85 | 16.78 |
| Cash in hand | 0.20 | 0.18 | 0.25 | 0.33 | 0.30 |
| Balances at Bank | 1.06 | 37.41 | 9.12 | 8.95 | 13.94 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.57 | 2.55 |
| Other Current Assets | 0.00 | 6.30 | 6.30 | 6.30 | 6.30 |
| 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 | 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 | 6.30 | 6.30 | 6.30 | 6.30 |
| Short Term Loans and Advances | 3.59 | 10.27 | 58.91 | 45.84 | 34.83 |
| Advances recoverable in cash or in kind | 3.34 | 7.86 | 53.01 | 37.67 | 26.99 |
| Advance income tax and TDS | 0.17 | 0.82 | 0.98 | 0.94 | 0.98 |
| 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 | 0.08 | 1.58 | 4.92 | 7.22 | 6.86 |
| Total Current Assets | 4.85 | 70.23 | 108.99 | 203.46 | 223.81 |
| Net Current Assets (Including Current Investments) | -4.52 | -396.41 | -415.25 | -295.63 | -227.22 |
| Miscellaneous Expenses not written off | 0.00 | 0.70 | 1.48 | 2.16 | 0.00 |
| Total Assets | 7.17 | 211.56 | 271.96 | 384.57 | 893.09 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 0.00 | 104.84 | 109.31 | 495.77 | 472.64 |
| Book Value | -0.30 | -42.43 | -42.72 | -72.03 | -58.71 |
| Adjusted Book Value | -0.30 | -42.43 | -42.72 | -72.03 | -58.71 |