| (Rs.in Million) |
| Particulars | Mar 2009 | Sep 2007 |
| EQUITY AND LIABILITIES | 0 | 0 |
| Share Capital | 156.08 | 156.08 |
| Equity - Authorised | 399.00 | 399.00 |
| Equity - Issued | 156.11 | 156.11 |
| Equity Paid Up | 156.08 | 156.08 |
| Equity Shares Forfeited | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 |
| Total Reserves | 999.30 | 873.39 |
| Securities Premium | 445.95 | 445.95 |
| Capital Reserves | 0.32 | 0.32 |
| Profit & Loss Account Balance | 410.82 | 265.13 |
| General Reserves | 122.21 | 111.99 |
| Other Reserves | 20.00 | 50.00 |
| Reserve excluding Revaluation Reserve | 999.30 | 873.39 |
| Revaluation reserve | 0.00 | 0.00 |
| Shareholder's Funds | 1155.38 | 1029.47 |
| Minority Interest | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 |
| Secured Loans | 350.47 | 553.99 |
| Non Convertible Debentures | 15.00 | 45.00 |
| 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 | 107.14 | 321.43 |
| Term Loans - Institutions | 55.44 | 155.12 |
| Other Secured | 172.89 | 32.45 |
| Unsecured Loans | 0.05 | 0.25 |
| 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 | 0.05 | 0.25 |
| Deferred Tax Assets / Liabilities | 309.35 | 293.46 |
| Deferred Tax Assets | 52.57 | 62.89 |
| Deferred Tax Liability | 361.92 | 356.35 |
| 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 | 659.87 | 847.71 |
| Current Liabilities | 0 | 0 |
| Trade Payables | 440.18 | 332.06 |
| Sundry Creditors | 438.18 | 332.06 |
| Acceptances | 2.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 |
| Other Current Liabilities | 78.04 | 80.95 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 |
| Advances received from customers | 0.00 | 0.00 |
| Interest Accrued But Not Due | 3.57 | 7.77 |
| 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 | 74.48 | 73.18 |
| 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 | 231.02 | 316.57 |
| Proposed Equity Dividend | 23.41 | 27.32 |
| Provision for Corporate Dividend Tax | 3.98 | 4.64 |
| Provision for Tax | 203.63 | 241.84 |
| Provision for post retirement benefits | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 |
| Other Provisions | 0.00 | 42.77 |
| Total Current Liabilities | 749.24 | 729.58 |
| Total Liabilities | 1505.90 | 1583.72 |
| ASSETS | 0 | 0 |
| Gross Block | 2497.80 | 2450.56 |
| Less: Accumulated Depreciation | 1092.73 | 922.01 |
| Less: Impairment of Assets | 0.00 | 0.00 |
| Net Block | 1405.07 | 1528.54 |
| Lease Adjustment A/c | 0.00 | 0.00 |
| Capital Work in Progress | 16.93 | 18.97 |
| Non Current Investments | 210.72 | 210.72 |
| Long Term Investment | 210.72 | 210.72 |
| Quoted | 192.72 | 192.72 |
| Unquoted | 18.00 | 18.00 |
| Long Term Loans & Advances | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 |
| Total Non-Current Assets | 1632.72 | 1758.24 |
| Current Assets Loans & Advances | 0 | 0 |
| Currents Investments | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 |
| Inventories | 445.61 | 365.26 |
| Raw Materials | 160.66 | 198.50 |
| Work-in Progress | 31.61 | 36.26 |
| Finished Goods | 145.02 | 57.60 |
| Packing Materials | 0.00 | 0.00 |
| Stores and Spare | 94.08 | 60.31 |
| Other Inventory | 14.24 | 12.58 |
| Sundry Debtors | 95.67 | 75.21 |
| Debtors more than Six months | 4.61 | 3.65 |
| Debtors Others | 91.06 | 71.56 |
| Cash and Bank | 11.36 | 24.56 |
| Cash in hand | 1.06 | 1.18 |
| Balances at Bank | 7.09 | 11.76 |
| Other cash and bank balances | 3.21 | 11.62 |
| Other Current Assets | 23.81 | 22.48 |
| Interest accrued on Investments | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 |
| Deposits with Government | 23.81 | 22.48 |
| Interest accrued and or due on loans | 0.00 | 0.00 |
| Prepaid Expenses | 0.00 | 0.00 |
| Other current_assets | 0.00 | 0.00 |
| Short Term Loans and Advances | 355.33 | 361.01 |
| Advances recoverable in cash or in kind | 37.66 | 32.91 |
| Advance income tax and TDS | 284.27 | 292.11 |
| 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 | 33.39 | 35.99 |
| Total Current Assets | 931.77 | 848.52 |
| Net Current Assets (Including Current Investments) | 182.53 | 118.94 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 |
| Total Assets | 1505.90 | 1583.72 |
| Contingent Liabilities | 54.76 | 154.65 |
| Total Debt | 350.52 | 554.24 |
| Book Value | 74.02 | 65.96 |
| Adjusted Book Value | 74.02 | 65.96 |