| (Rs.in Million) |
| Particulars | Mar 2003 | Mar 2002 |
| EQUITY AND LIABILITIES | 0 | 0 |
| Share Capital | 150.02 | 150.02 |
| Equity - Authorised | 89.93 | 179.86 |
| Equity - Issued | 89.93 | 89.93 |
| Equity Paid Up | 89.93 | 89.93 |
| Equity Shares Forfeited | 0.09 | 0.09 |
| Adjustments to Equity | 0.00 | 0.00 |
| Preference Capital Paid Up | 60.00 | 60.00 |
| Face Value | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 |
| Total Reserves | 7.15 | 4.76 |
| Securities Premium | 4.76 | 20.83 |
| Capital Reserves | 0.00 | 0.00 |
| Profit & Loss Account Balance | 2.39 | -16.07 |
| General Reserves | 0.00 | 0.00 |
| Other Reserves | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 7.15 | 4.76 |
| Revaluation reserve | 0.00 | 0.00 |
| Shareholder's Funds | 157.17 | 154.79 |
| Minority Interest | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 |
| Secured Loans | 0.00 | 0.00 |
| Non Convertible Debentures | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 |
| Term Loans - Banks | 0.00 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 |
| Other Secured | 0.00 | 0.00 |
| Unsecured Loans | 0.00 | 0.00 |
| Fixed Deposits - Public | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 |
| Other Unsecured Loan | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 |
| Deferred Tax Assets | 0.00 | 0.00 |
| Deferred Tax Liability | 0.00 | 0.00 |
| Other Long Term Liabilities | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 |
| Total Non-Current Liabilities | 0.00 | 0.00 |
| Current Liabilities | 0 | 0 |
| Trade Payables | 0.00 | 0.00 |
| Sundry Creditors | 0.00 | 0.00 |
| Acceptances | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 |
| Other Current Liabilities | 2.61 | 3.18 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 |
| Advances received from customers | 0.00 | 0.00 |
| Interest Accrued But Not Due | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 |
| Other Liabilities | 2.61 | 3.18 |
| Short Term Borrowings | 0.00 | 0.00 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 |
| Working Capital Loans- Sec | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 |
| Short Term Provisions | 14.92 | 21.48 |
| Proposed Equity Dividend | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 |
| Provision for Tax | 14.92 | 21.48 |
| Provision for post retirement benefits | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 |
| Total Current Liabilities | 17.53 | 24.66 |
| Total Liabilities | 157.17 | 154.79 |
| ASSETS | 0 | 0 |
| Loans (Non - Current Assets) | 0.00 | 0.00 |
| Gross Block | 5.54 | 16.76 |
| Less: Accumulated Depreciation | 2.19 | 6.33 |
| Less: Impairment of Assets | 0.00 | 0.00 |
| Net Block | 3.35 | 10.43 |
| Lease Adjustment A/c | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 |
| Non Current Investments | 1.04 | 4.78 |
| Long Term Investment | 1.04 | 4.78 |
| Quoted | 1.03 | 1.03 |
| Unquoted | 0.01 | 3.75 |
| Long Term Loans & Advances | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 |
| Total Non-Current Assets | 4.39 | 15.22 |
| Current Assets Loans & Advances | 0 | 0 |
| Currents Investments | 49.42 | 42.87 |
| Quoted | 0.00 | 0.00 |
| Unquoted | 49.42 | 42.87 |
| Inventories | 0.00 | 0.00 |
| Raw Materials | 0.00 | 0.00 |
| Work-in Progress | 0.00 | 0.00 |
| Finished Goods | 0.00 | 0.00 |
| Packing Materials | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 |
| Other Inventory | 0.00 | 0.00 |
| Sundry Debtors | 0.00 | 0.00 |
| Debtors more than Six months | 0.00 | 0.00 |
| Debtors Others | 0.00 | 0.00 |
| Cash and Bank | 41.43 | 22.49 |
| Cash in hand | 0.00 | 0.02 |
| Balances at Bank | 41.43 | 22.47 |
| Other cash and bank balances | 0.00 | 0.01 |
| Other Current Assets | 2.06 | 1.15 |
| Interest accrued on Investments | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 |
| Interest accrued and or due on loans | 2.06 | 1.15 |
| Prepaid Expenses | 0.00 | 0.00 |
| Other current_assets | 0.00 | 0.00 |
| Short Term Loans and Advances | 77.40 | 97.71 |
| Advances recoverable in cash or in kind | 1.08 | 2.22 |
| Advance income tax and TDS | 36.93 | 55.11 |
| Amounts due from directors | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 |
| Other Loans & Advances | 39.39 | 40.38 |
| Total Current Assets | 170.31 | 164.23 |
| Net Current Assets (Including Current Investments) | 152.78 | 139.57 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 |
| Total Assets | 157.17 | 154.79 |
| Contingent Liabilities | 9.39 | 19.32 |
| Total Debt | 0.00 | 0.00 |
| Book Value | 10.79 | 10.53 |
| Adjusted Book Value | 10.79 | 10.53 |