| (Rs.in Million) |
| Particulars | Dec 2006 | Dec 2005 | Dec 2004 | Dec 2003 | Dec 2002 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 394.99 | 394.99 | 394.99 | 394.99 | 162.20 |
| Equity - Authorised | 463.00 | 463.00 | 463.00 | 463.00 | 163.00 |
| Equity - Issued | 394.99 | 394.99 | 394.99 | 394.99 | 162.20 |
| Equity Paid Up | 394.99 | 394.99 | 394.99 | 394.99 | 162.20 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 100.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 2942.88 | 2499.69 | 2215.31 | 1999.86 | 718.84 |
| Securities Premium | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 2042.79 | 1656.46 | 1409.22 | 1220.14 | 298.29 |
| General Reserves | 897.10 | 839.11 | 801.96 | 775.60 | 420.55 |
| Other Reserves | 2.99 | 4.12 | 4.12 | 4.12 | 0.00 |
| Reserve excluding Revaluation Reserve | 2942.88 | 2499.69 | 2215.31 | 1999.86 | 718.84 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 3337.86 | 2894.68 | 2610.29 | 2394.85 | 881.04 |
| 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 | 203.46 | 195.80 | 173.79 | 217.98 | 508.13 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | 203.46 | 195.80 | 173.79 | 217.98 | 508.13 |
| Unsecured Loans | 915.96 | 1008.76 | 624.75 | 1229.63 | 967.60 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 1.61 | 87.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 553.50 | 214.00 | 190.50 | 325.50 | 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 | 362.46 | 780.25 | 422.45 | 890.72 | 880.60 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 11.80 | 11.80 | 11.80 | 0.00 |
| Other Unsecured Loan | 0.00 | 2.71 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | -32.18 | -7.03 | -57.60 | -72.19 | 110.81 |
| Deferred Tax Assets | 185.80 | 224.59 | 315.87 | 323.02 | 57.11 |
| Deferred Tax Liability | 153.62 | 217.56 | 258.27 | 250.82 | 167.92 |
| 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 | 1087.24 | 1197.53 | 740.94 | 1375.41 | 1586.53 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 1624.43 | 1599.28 | 1673.62 | 1555.13 | 757.87 |
| Sundry Creditors | 1624.43 | 1599.28 | 1673.62 | 1340.80 | 595.32 |
| Acceptances | 0.00 | 0.00 | 0.00 | 214.32 | 162.56 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 196.32 | 206.57 | 213.89 | 688.62 | 487.25 |
| 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 | 0.00 |
| Interest Accrued But Not Due | 4.06 | 4.00 | 2.63 | 0.66 | 8.01 |
| 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 | 192.26 | 202.57 | 211.26 | 687.97 | 479.24 |
| 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 | 2861.02 | 2534.61 | 2250.58 | 247.46 | 220.15 |
| Proposed Equity Dividend | 94.80 | 86.90 | 86.90 | 86.90 | 35.68 |
| Provision for Corporate Dividend Tax | 16.11 | 12.19 | 12.19 | 11.13 | 4.57 |
| Provision for Tax | 2661.08 | 2339.95 | 2031.57 | 0.00 | 0.00 |
| Provision for post retirement benefits | 8.27 | 8.18 | 6.85 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 80.76 | 87.40 | 113.07 | 149.43 | 179.90 |
| Total Current Liabilities | 4681.77 | 4340.45 | 4138.09 | 2491.21 | 1465.27 |
| Total Liabilities | 9106.87 | 8432.66 | 7489.33 | 6261.46 | 3932.84 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 3471.14 | 3338.68 | 2965.06 | 3143.96 | 2467.73 |
| Less: Accumulated Depreciation | 1946.04 | 1731.01 | 1555.95 | 1399.25 | 1183.09 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 1525.10 | 1607.66 | 1409.11 | 1744.72 | 1284.65 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 37.52 | 79.55 | 88.02 | 72.50 | 94.89 |
| Non Current Investments | 39.54 | 39.54 | 39.35 | 39.35 | 36.77 |
| Long Term Investment | 39.54 | 39.54 | 39.35 | 39.35 | 36.77 |
| Quoted | 37.40 | 37.40 | 37.40 | 37.40 | 42.26 |
| Unquoted | 2.15 | 2.15 | 1.96 | 1.96 | 0.00 |
| 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 | 1602.16 | 1726.75 | 1536.48 | 1856.57 | 1416.31 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 87.78 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 87.78 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1910.74 | 1778.25 | 1357.14 | 1414.98 | 1108.14 |
| Raw Materials | 586.49 | 419.32 | 202.33 | 263.05 | 208.57 |
| Work-in Progress | 247.39 | 197.25 | 107.50 | 93.55 | 74.23 |
| Finished Goods | 656.33 | 685.68 | 836.42 | 776.98 | 416.24 |
| Packing Materials | 77.45 | 70.63 | 62.91 | 55.25 | 39.04 |
| Stores and Spare | 40.80 | 47.34 | 20.27 | 34.93 | 21.60 |
| Other Inventory | 302.28 | 358.03 | 127.71 | 191.23 | 348.45 |
| Sundry Debtors | 2158.09 | 1693.34 | 1498.46 | 2482.29 | 953.94 |
| Debtors more than Six months | 263.29 | 310.57 | 536.07 | 338.31 | 153.08 |
| Debtors Others | 2143.42 | 1657.82 | 1314.96 | 2316.33 | 801.61 |
| Cash and Bank | 273.66 | 315.18 | 525.95 | 23.67 | 77.70 |
| Cash in hand | 0.54 | 0.56 | 0.96 | 2.56 | 0.96 |
| Balances at Bank | 273.12 | 314.62 | 524.98 | 21.11 | 5.37 |
| Other cash and bank balances | 0.00 | 0.00 | 0.02 | 0.00 | 71.38 |
| Other Current Assets | 39.50 | 34.55 | 5.94 | 0.00 | 0.00 |
| 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 | 39.50 | 34.55 | 5.94 | 0.00 | 0.00 |
| Short Term Loans and Advances | 3122.72 | 2884.59 | 2477.59 | 483.96 | 376.76 |
| Advances recoverable in cash or in kind | 184.08 | 227.89 | 259.18 | 226.83 | 143.94 |
| Advance income tax and TDS | 2778.86 | 2436.75 | 2072.41 | 62.97 | 63.60 |
| 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 | 159.78 | 219.96 | 145.99 | 194.16 | 169.22 |
| Total Current Assets | 7504.71 | 6705.90 | 5952.85 | 4404.90 | 2516.53 |
| Net Current Assets (Including Current Investments) | 2822.94 | 2365.45 | 1814.76 | 1913.69 | 1051.26 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 9106.87 | 8432.66 | 7489.33 | 6261.46 | 3932.84 |
| Contingent Liabilities | 358.26 | 375.60 | 566.60 | 521.21 | 227.25 |
| Total Debt | 1119.42 | 1204.56 | 798.54 | 1447.60 | 1475.72 |
| Book Value | 84.51 | 73.29 | 66.09 | 60.63 | 543.18 |
| Adjusted Book Value | 84.51 | 73.29 | 66.09 | 60.63 | 54.32 |