| (Rs.in Million) |
| Particulars | Mar 2006 | Mar 2005 | Mar 2004 | Mar 2003 | Mar 2002 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 341.69 | 341.69 | 341.69 | 341.69 | 341.69 |
| Equity - Authorised | 645.00 | 645.00 | 645.00 | 645.00 | 645.00 |
| Equity - Issued | 358.05 | 358.05 | 358.05 | 358.05 | 358.05 |
| Equity Paid Up | 339.98 | 339.98 | 339.98 | 339.98 | 339.98 |
| Equity Shares Forfeited | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 |
| 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 | -11134.60 | -10521.14 | -9017.19 | -7485.90 | -6517.64 |
| Securities Premium | 3056.58 | 3056.58 | 3056.58 | 3056.58 | 3056.58 |
| Capital Reserves | 48.00 | 16.62 | 16.62 | 16.62 | 16.62 |
| Profit & Loss Account Balance | -14276.77 | -13631.94 | -12127.99 | -10596.70 | -9628.44 |
| General Reserves | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Other Reserves | 37.50 | 37.50 | 37.50 | 37.50 | 37.50 |
| Reserve excluding Revaluation Reserve | -11134.60 | -10521.14 | -9017.19 | -7485.90 | -6517.64 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | -10792.91 | -10179.46 | -8675.50 | -7144.22 | -6175.96 |
| Minority Interest | -1.81 | -1.81 | -1.81 | -1.81 | -1.81 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 18073.38 | 18063.95 | 16956.95 | 15685.16 | 14966.32 |
| Non Convertible Debentures | 701.65 | 701.65 | 701.67 | 701.67 | 701.67 |
| 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 | 401.44 | 318.49 | 318.49 | 318.49 | 318.49 |
| Term Loans - Banks | 2708.80 | 2805.49 | 2903.37 | 2993.69 | 3186.80 |
| Term Loans - Institutions | 3338.02 | 3338.02 | 3338.02 | 3338.02 | 3338.02 |
| Other Secured | 10923.47 | 10900.30 | 9695.40 | 8333.28 | 7421.33 |
| Unsecured Loans | 378.77 | 395.59 | 422.23 | 449.14 | 510.52 |
| Fixed Deposits - Public | 5.51 | 21.46 | 22.28 | 32.53 | 35.97 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.64 | 0.64 | 27.06 | 77.06 | 148.76 |
| 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 | 150.00 | 150.00 | 150.00 | 100.00 | 100.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 222.62 | 223.49 | 222.89 | 239.56 | 225.80 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liability | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 18452.15 | 18459.55 | 17379.19 | 16134.30 | 15476.84 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 95.23 | 229.85 | 246.75 | 303.71 | 278.18 |
| Sundry Creditors | 95.23 | 229.85 | 246.75 | 303.71 | 278.18 |
| 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 | 514.73 | 273.66 | 382.72 | 511.01 | 517.17 |
| Bank Overdraft / Short term credit | 2.89 | 1.76 | 2.28 | 16.10 | 21.81 |
| Advances received from customers | 2.92 | 33.87 | 89.25 | 270.02 | 205.31 |
| Interest Accrued But Not Due | 0.00 | 61.25 | 62.32 | 61.57 | 61.57 |
| 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 | 508.92 | 176.78 | 228.86 | 163.33 | 228.48 |
| 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 | 4.05 | 8.46 | 14.89 | 16.88 | 14.26 |
| 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 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for post retirement benefits | 3.84 | 8.46 | 14.89 | 16.88 | 14.26 |
| 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 | 614.01 | 511.97 | 644.35 | 831.60 | 809.62 |
| Total Liabilities | 8271.45 | 8790.26 | 9346.23 | 9819.88 | 10108.70 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 9225.19 | 9245.00 | 9415.64 | 9507.22 | 9538.12 |
| Less: Accumulated Depreciation | 4403.08 | 3985.42 | 3655.14 | 3181.30 | 2705.26 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 4822.11 | 5259.58 | 5760.50 | 6325.93 | 6832.86 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 686.26 | 688.00 | 687.88 | 687.88 | 687.63 |
| Non Current Investments | 400.08 | 400.08 | 543.41 | 543.41 | 543.41 |
| Long Term Investment | 400.08 | 400.08 | 543.41 | 543.41 | 543.41 |
| Quoted | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Unquoted | 411.06 | 411.06 | 554.41 | 554.53 | 554.53 |
| 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 | 5928.63 | 6367.85 | 7011.96 | 7577.38 | 8084.08 |
| 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 | 1.25 | 56.94 | 81.70 | 146.54 | 116.30 |
| Raw Materials | 0.00 | 7.29 | 4.64 | 31.75 | 25.25 |
| Work-in Progress | 0.00 | 6.87 | 8.99 | 11.09 | 21.93 |
| Finished Goods | 0.00 | 20.49 | 29.79 | 67.09 | 37.29 |
| Packing Materials | 0.00 | 9.33 | 24.12 | 20.32 | 16.55 |
| Stores and Spare | 1.25 | 12.96 | 14.15 | 16.30 | 15.28 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 3.59 | 28.97 | 57.80 | 70.77 | 43.97 |
| Debtors more than Six months | 5.44 | 14.20 | 26.20 | 23.72 | 16.06 |
| Debtors Others | 0.00 | 25.40 | 42.24 | 57.69 | 38.55 |
| Cash and Bank | 21.41 | 34.42 | 56.19 | 43.82 | 36.69 |
| Cash in hand | 0.03 | 0.07 | 0.09 | 0.09 | 0.15 |
| Balances at Bank | 21.38 | 34.35 | 35.81 | 43.74 | 36.54 |
| Other cash and bank balances | 0.00 | 0.00 | 20.29 | 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 | 41.01 | 24.61 | 31.09 | 28.25 | 44.71 |
| Advances recoverable in cash or in kind | 18.89 | 20.30 | 25.90 | 22.29 | 34.58 |
| Advance income tax and TDS | 7.72 | 3.31 | 2.49 | 4.61 | 4.06 |
| Amounts due from directors | 0.00 | 0.00 | 1.70 | 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 | 14.40 | 0.99 | 0.99 | 1.36 | 6.08 |
| Total Current Assets | 67.26 | 144.94 | 226.78 | 289.38 | 241.67 |
| Net Current Assets (Including Current Investments) | -546.75 | -367.04 | -417.58 | -542.23 | -567.94 |
| Miscellaneous Expenses not written off | 2275.56 | 2277.48 | 2107.49 | 1953.12 | 1782.95 |
| Total Assets | 8271.45 | 8790.26 | 9346.23 | 9819.88 | 10108.70 |
| Contingent Liabilities | 444.72 | 212.50 | 334.68 | 305.51 | 253.41 |
| Total Debt | 18452.15 | 18459.55 | 17379.19 | 16134.30 | 15476.84 |
| Book Value | -384.44 | -366.45 | -317.22 | -267.64 | -234.15 |
| Adjusted Book Value | -384.44 | -366.45 | -317.22 | -267.64 | -234.15 |