| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 79.41 | 79.41 | 79.41 | 67.91 | 57.91 |
| Equity - Authorised | 120.00 | 120.00 | 80.00 | 70.00 | 70.00 |
| Equity - Issued | 79.41 | 79.41 | 79.41 | 67.91 | 57.91 |
| Equity Paid Up | 79.41 | 79.41 | 79.41 | 67.91 | 57.91 |
| 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 | 10.00 |
| Share Warrants & Outstandings | 4.03 | 4.03 | 4.03 | 15.90 | 0.00 |
| Total Reserves | 100.79 | 99.56 | 98.64 | 52.36 | 48.53 |
| Securities Premium | 0.00 | 0.00 | 0.00 | 0.00 | 47.46 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 2.87 |
| Profit & Loss Account Balance | 32.50 | 31.27 | 30.38 | 1.42 | -1.79 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | 68.29 | 68.29 | 68.26 | 50.95 | 0.00 |
| Reserve excluding Revaluation Reserve | 100.79 | 99.56 | 98.64 | 52.36 | 48.53 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 184.23 | 183.00 | 182.08 | 136.18 | 106.45 |
| 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 | 58.16 | 29.84 | 30.89 | 36.97 | 16.99 |
| 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 | 58.16 | 29.84 | 30.89 | 36.97 | 16.99 |
| Unsecured Loans | 30.77 | 48.31 | 41.82 | 12.19 | 6.95 |
| 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 | 30.77 | 48.31 | 41.82 | 12.19 | 6.95 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | -4.08 | -3.66 | -4.97 | 0.59 | 0.80 |
| Deferred Tax Assets | 4.08 | 3.66 | 4.97 | 0.00 | 0.00 |
| Deferred Tax Liability | 0.00 | 0.00 | 0.00 | 0.59 | 0.80 |
| 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 | 84.84 | 74.48 | 67.73 | 49.75 | 24.74 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Creditors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 87.33 | 90.52 | 52.24 | 15.34 | 3.25 |
| 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 | 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 | 87.33 | 90.52 | 52.24 | 15.34 | 3.25 |
| 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 | 87.33 | 90.52 | 52.24 | 15.34 | 3.25 |
| Total Liabilities | 273.16 | 261.15 | 254.79 | 185.34 | 130.39 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 123.55 | 106.80 | 109.43 | 83.43 | 67.39 |
| Less: Accumulated Depreciation | 27.44 | 23.53 | 18.37 | 13.21 | 12.98 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 96.11 | 83.26 | 91.06 | 70.22 | 54.41 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Investment | 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 |
| 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 | 96.11 | 83.26 | 91.06 | 70.22 | 54.41 |
| 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 | 38.50 | 40.49 | 42.68 | 31.03 | 12.13 |
| Raw Materials | 0.00 | 0.00 | 10.05 | 1.81 | 2.79 |
| Work-in Progress | 38.50 | 40.49 | 28.94 | 28.69 | 7.92 |
| Finished Goods | 0.00 | 0.00 | 3.13 | 0.07 | 0.87 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 | 0.36 | 0.28 | 0.35 |
| Other Inventory | 0.00 | 0.00 | 0.20 | 0.20 | 0.20 |
| Sundry Debtors | 118.77 | 114.74 | 103.09 | 16.56 | 17.42 |
| Debtors more than Six months | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors Others | 118.77 | 114.74 | 103.09 | 16.56 | 17.42 |
| Cash and Bank | 16.28 | 1.96 | 1.94 | 1.74 | 1.38 |
| Cash in hand | 16.28 | 1.96 | 1.94 | 1.74 | 1.38 |
| Balances at Bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 83.69 | 103.57 | 58.19 | 75.28 | 41.31 |
| Advances recoverable in cash or in kind | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advance income tax and TDS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 83.69 | 103.57 | 58.19 | 75.28 | 41.31 |
| Total Current Assets | 257.24 | 260.76 | 205.89 | 124.62 | 72.24 |
| Net Current Assets (Including Current Investments) | 169.91 | 170.23 | 153.65 | 109.28 | 68.99 |
| Miscellaneous Expenses not written off | 3.06 | 3.99 | 5.10 | 6.43 | 7.78 |
| Total Assets | 273.16 | 261.15 | 254.79 | 185.34 | 130.39 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 88.93 | 78.15 | 72.71 | 49.16 | 23.94 |
| Book Value | 22.31 | 22.04 | 21.78 | 16.76 | 17.04 |
| Adjusted Book Value | 22.31 | 22.04 | 21.78 | 16.76 | 17.04 |