| (Rs.in Million) |
| Particulars | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 344.25 | 344.25 | 343.50 | 288.11 | 156.83 |
| Equity - Authorised | 350.00 | 350.00 | 350.00 | 350.00 | 350.00 |
| Equity - Issued | 344.25 | 344.25 | 343.50 | 288.11 | 156.83 |
| Equity Paid Up | 344.25 | 344.25 | 343.50 | 288.11 | 156.83 |
| 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 | 0.30 | 0.00 | 0.00 | 0.00 | 111.28 |
| Total Reserves | 620.22 | 741.89 | 920.23 | 253.52 | 56.57 |
| Securities Premium | 1164.18 | 1164.18 | 1159.70 | 333.28 | 153.28 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | -542.82 | -417.58 | -241.94 | -80.77 | -97.22 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | -1.13 | -4.71 | 2.47 | 1.00 | 0.51 |
| Reserve excluding Revaluation Reserve | 620.22 | 741.89 | 920.23 | 253.52 | 56.57 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 964.77 | 1086.14 | 1263.73 | 541.62 | 324.68 |
| 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 | 97.55 | 166.48 | 184.68 | 317.97 | 248.60 |
| 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 | 108.67 | 48.78 |
| Term Loans - Institutions | 82.98 | 107.70 | 134.16 | 167.77 | 167.47 |
| Other Secured | 14.57 | 58.78 | 50.52 | 41.53 | 32.34 |
| Unsecured Loans | 3.72 | 1.28 | 4.96 | 37.00 | 65.68 |
| 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 | 1.18 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 3.72 | 1.28 | 3.80 | 22.73 | 55.00 |
| Other Unsecured Loan | 0.00 | 0.00 | 1.16 | 14.28 | 9.50 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 | 0.00 | -22.91 | 6.11 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 89.53 | 0.00 |
| Deferred Tax Liability | 0.00 | 0.00 | 0.00 | 66.62 | 6.11 |
| 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 | 101.27 | 167.76 | 189.64 | 332.07 | 320.38 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 20.97 | 38.06 | 39.94 | 71.64 | 76.11 |
| Sundry Creditors | 20.97 | 38.06 | 39.94 | 71.64 | 76.11 |
| 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 | 13.28 | 12.20 | 34.03 | 25.30 | 17.59 |
| 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 | 1.73 | 2.77 | 5.60 | 6.71 | 4.21 |
| 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 | 11.55 | 9.43 | 28.44 | 18.59 | 13.37 |
| 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 | 5.41 | 4.02 | 3.33 | 3.00 | 0.88 |
| 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 | 0.06 | 0.10 | 1.81 | 0.37 |
| 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 | 5.41 | 3.96 | 3.22 | 1.18 | 0.52 |
| Total Current Liabilities | 39.66 | 54.28 | 77.30 | 99.93 | 94.58 |
| Total Liabilities | 1066.04 | 1253.90 | 1453.37 | 896.60 | 638.95 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 823.93 | 709.58 | 672.63 | 630.99 | 164.04 |
| Less: Accumulated Depreciation | 117.77 | 90.23 | 59.24 | 27.16 | 7.95 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 706.16 | 619.35 | 613.39 | 603.83 | 156.09 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 127.27 | 236.92 | 150.20 | 94.85 | 396.45 |
| Non Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Long Term Investment | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.02 | 0.02 | 0.00 | 0.00 | 0.02 |
| 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 | 833.43 | 856.27 | 763.60 | 698.68 | 552.56 |
| 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 | 23.21 | 28.95 | 54.65 | 52.38 | 23.48 |
| Raw Materials | 10.37 | 16.39 | 21.46 | 18.75 | 12.96 |
| Work-in Progress | 11.59 | 11.27 | 3.50 | 9.66 | 0.78 |
| Finished Goods | 1.25 | 1.29 | 29.69 | 23.97 | 9.73 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 17.32 | 5.94 | 18.97 | 94.55 | 49.20 |
| Debtors more than Six months | 3.08 | 0.24 | 12.25 | 12.07 | 0.65 |
| Debtors Others | 14.24 | 5.71 | 6.72 | 82.48 | 48.55 |
| Cash and Bank | 163.38 | 326.40 | 603.97 | 23.28 | 23.98 |
| Cash in hand | 0.07 | 0.05 | 0.07 | 0.13 | 0.09 |
| Balances at Bank | 163.31 | 326.35 | 603.89 | 23.15 | 23.90 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 3.01 | 12.44 | 12.73 | 0.27 | 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 | 3.01 | 12.44 | 12.73 | 0.27 | 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 | 47.61 | 48.13 | 34.73 | 49.52 | 40.66 |
| Advances recoverable in cash or in kind | 25.81 | 28.31 | 26.17 | 45.71 | 40.12 |
| Advance income tax and TDS | 20.01 | 17.01 | 6.65 | 1.45 | 0.15 |
| Amounts due from directors | 0.15 | 1.00 | 0.26 | 0.39 | 0.39 |
| 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 | 1.65 | 1.81 | 1.65 | 1.96 | 0.00 |
| Total Current Assets | 254.53 | 421.85 | 725.04 | 219.99 | 137.32 |
| Net Current Assets (Including Current Investments) | 214.88 | 367.57 | 647.74 | 120.06 | 42.75 |
| Miscellaneous Expenses not written off | 17.74 | 30.05 | 42.03 | 54.96 | 49.75 |
| Total Assets | 1066.04 | 1253.90 | 1453.37 | 896.60 | 638.95 |
| Contingent Liabilities | 11.89 | 16.53 | 34.78 | 1.50 | 0.00 |
| Total Debt | 101.27 | 167.76 | 189.64 | 354.98 | 314.27 |
| Book Value | 27.50 | 30.68 | 35.57 | 16.89 | 10.43 |
| Adjusted Book Value | 26.10 | 29.12 | 33.76 | 16.03 | 9.90 |