| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 42.31 | 42.31 | 42.31 | 42.31 | 42.31 |
| Equity - Authorised | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 |
| Equity - Issued | 42.04 | 42.04 | 42.04 | 42.04 | 42.04 |
| Equity Paid Up | 42.04 | 42.04 | 42.04 | 42.04 | 42.04 |
| Equity Shares Forfeited | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 |
| 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 | -9.42 | -10.70 | 2.50 | 25.71 | 39.96 |
| Securities Premium | 24.25 | 24.25 | 24.25 | 24.25 | 24.25 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | -33.67 | -34.94 | -21.75 | 1.46 | 15.71 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | -9.42 | -10.70 | 2.50 | 25.71 | 39.96 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 32.89 | 31.61 | 44.81 | 68.02 | 82.27 |
| 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 | 0.00 | 0.00 | 0.00 | 34.58 | 32.00 |
| 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 | 7.60 | 10.13 |
| Other Secured | 0.00 | 0.00 | 0.00 | 26.98 | 21.87 |
| Unsecured Loans | 0.03 | 0.03 | 1.57 | 10.77 | 13.40 |
| 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 | 1.57 | 9.06 | 6.37 |
| Other Unsecured Loan | 0.03 | 0.03 | 0.00 | 1.71 | 7.03 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 | 4.54 | 10.53 | 16.77 |
| Deferred Tax Assets | 0.00 | 0.00 | 18.53 | 16.39 | 10.64 |
| Deferred Tax Liability | 0.00 | 0.00 | 23.07 | 26.92 | 27.41 |
| 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 | 0.04 | 0.04 | 6.10 | 55.88 | 62.18 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 0.03 | 0.00 | 0.28 | 2.13 | 3.34 |
| Sundry Creditors | 0.03 | 0.00 | 0.28 | 2.13 | 3.34 |
| 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 | 0.89 | 1.03 | 2.48 | 5.80 | 8.50 |
| 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 | 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 | 0.89 | 1.03 | 2.48 | 5.80 | 8.50 |
| 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 | 0.91 | 1.03 | 2.76 | 7.94 | 11.83 |
| Total Liabilities | 32.92 | 31.65 | 46.37 | 113.37 | 127.68 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 36.17 | 52.73 | 106.82 | 168.63 | 172.96 |
| Less: Accumulated Depreciation | 14.83 | 29.19 | 60.61 | 71.78 | 66.74 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 21.34 | 23.54 | 46.21 | 96.85 | 106.23 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | -0.18 | -0.18 | 4.68 | 0.00 | 0.00 |
| Non Current Investments | 2.80 | 0.06 | 0.59 | 0.06 | 0.00 |
| Long Term Investment | 2.80 | 0.06 | 0.59 | 0.06 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 2.80 | 0.06 | 1.90 | 0.49 | 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 | 23.97 | 23.43 | 46.51 | 92.17 | 106.23 |
| 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 | 0.00 | 0.00 | 12.79 | 21.64 |
| Raw Materials | 0.00 | 0.00 | 0.00 | 4.59 | 0.82 |
| Work-in Progress | 0.00 | 0.00 | 0.00 | 2.03 | 2.86 |
| Finished Goods | 0.00 | 0.00 | 0.00 | 4.24 | 14.72 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.35 | 0.45 |
| Stores and Spare | 0.00 | 0.00 | 0.00 | 1.58 | 2.79 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 0.29 | 0.18 | 2.84 | 19.59 | 23.65 |
| Debtors more than Six months | 0.06 | 0.06 | 2.84 | 0.99 | 0.75 |
| Debtors Others | 0.23 | 0.12 | 0.00 | 18.60 | 22.90 |
| Cash and Bank | 1.19 | 1.93 | 2.51 | 0.77 | 1.05 |
| Cash in hand | 0.00 | 0.01 | 0.04 | 0.05 | 0.10 |
| Balances at Bank | 1.19 | 1.92 | 2.47 | 0.72 | 0.96 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Loans and Advances | 8.40 | 7.14 | 1.80 | 6.51 | 3.71 |
| Advances recoverable in cash or in kind | 7.90 | 6.88 | 1.28 | 6.02 | 2.59 |
| Advance income tax and TDS | 0.46 | 0.23 | 0.38 | 0.25 | 0.65 |
| 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 | 0.03 | 0.03 | 0.14 | 0.24 | 0.47 |
| Total Current Assets | 9.88 | 9.25 | 7.15 | 39.66 | 50.04 |
| Net Current Assets (Including Current Investments) | 8.96 | 8.22 | 4.40 | 31.72 | 38.21 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total Assets | 32.92 | 31.65 | 46.37 | 113.37 | 127.68 |
| Contingent Liabilities | 11.49 | 0.77 | 1.50 | 2.40 | 2.36 |
| Total Debt | 0.03 | 0.03 | 1.57 | 45.35 | 45.41 |
| Book Value | 7.76 | 7.46 | 10.59 | 16.12 | 19.50 |
| Adjusted Book Value | 7.76 | 7.46 | 10.59 | 16.12 | 19.50 |