| (Rs.in Million) |
| Particulars | Mar 2006 | Mar 2005 | Mar 2004 | Mar 2003 | Mar 2002 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 113.93 | 113.93 | 113.93 | 113.93 | 113.93 |
| Equity - Authorised | 350.00 | 350.00 | 350.00 | 350.00 | 350.00 |
| Equity - Issued | 113.93 | 113.93 | 113.93 | 113.93 | 113.93 |
| Equity Paid Up | 113.93 | 113.93 | 113.93 | 113.93 | 113.93 |
| 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 | 52.90 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 391.89 | 173.34 | 210.03 | 210.41 | 213.58 |
| Securities Premium | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 115.76 | -102.79 | -66.11 | -65.72 | -62.55 |
| General Reserves | 276.13 | 276.13 | 276.13 | 276.13 | 276.13 |
| Other Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 391.89 | 173.34 | 210.03 | 210.41 | 213.58 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 558.72 | 287.26 | 323.95 | 324.34 | 327.51 |
| 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 | 1587.25 | 1409.52 | 1492.82 | 1601.91 | 1614.99 |
| Non Convertible Debentures | 415.88 | 392.34 | 367.04 | 337.18 | 318.19 |
| 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 | 131.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 152.63 | 179.08 | 273.41 | 328.35 | 301.22 |
| Term Loans - Institutions | 785.02 | 732.19 | 698.09 | 776.76 | 816.28 |
| Other Secured | 102.67 | 105.91 | 154.28 | 159.63 | 179.30 |
| Unsecured Loans | 95.87 | 128.55 | 139.34 | 148.95 | 130.84 |
| 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 | 148.95 | 130.59 |
| 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 | 0.00 | 0.00 | 0.25 |
| Other Unsecured Loan | 95.87 | 128.55 | 139.34 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | 32.42 | 28.92 | 28.93 | 29.11 | 30.79 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liability | 32.42 | 28.92 | 28.93 | 29.11 | 30.79 |
| 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 | 1715.53 | 1566.99 | 1661.10 | 1779.97 | 1776.62 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 410.26 | 534.41 | 619.22 | 997.60 | 1013.16 |
| Sundry Creditors | 249.86 | 337.86 | 393.63 | 705.62 | 726.67 |
| Acceptances | 160.40 | 196.55 | 225.58 | 291.99 | 286.50 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 851.71 | 1157.53 | 1085.10 | 1262.45 | 1247.14 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 669.89 | 884.41 | 934.89 | 1073.90 | 1076.90 |
| 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 | 181.83 | 273.12 | 150.21 | 188.56 | 170.23 |
| 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 | 34.86 | 11.14 | 11.14 | 11.14 | 11.14 |
| 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 | 34.86 | 11.14 | 11.14 | 11.14 | 11.14 |
| 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 | 1296.83 | 1703.08 | 1715.45 | 2271.19 | 2271.44 |
| Total Liabilities | 3571.08 | 3557.33 | 3700.50 | 4375.50 | 4375.57 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 192.20 | 192.05 | 192.14 | 199.98 | 260.23 |
| Less: Accumulated Depreciation | 177.57 | 174.82 | 166.09 | 162.44 | 171.12 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 14.63 | 17.23 | 26.05 | 37.54 | 89.11 |
| 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 | 20.03 | 20.03 | 23.53 | 23.53 | 23.53 |
| Long Term Investment | 20.03 | 20.03 | 23.53 | 23.53 | 23.53 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 20.03 | 20.03 | 23.53 | 23.53 | 23.53 |
| 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 | 34.66 | 37.26 | 49.58 | 61.07 | 112.64 |
| 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 | 2907.47 | 2867.34 | 2869.79 | 3640.78 | 3516.50 |
| Raw Materials | 12.51 | 11.95 | 13.03 | 13.28 | 13.39 |
| Work-in Progress | 2881.89 | 2842.48 | 2843.11 | 3610.69 | 3494.10 |
| Finished Goods | 13.07 | 12.91 | 13.65 | 16.81 | 9.02 |
| 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 | 292.35 | 347.03 | 322.35 | 334.82 | 398.61 |
| Debtors more than Six months | 289.78 | 343.38 | 222.68 | 232.88 | 270.63 |
| Debtors Others | 2.57 | 3.65 | 99.67 | 101.94 | 127.98 |
| Cash and Bank | 92.26 | 27.64 | 24.71 | 22.01 | 21.83 |
| Cash in hand | 8.32 | 2.34 | 2.91 | 5.18 | 4.10 |
| Balances at Bank | 83.94 | 25.30 | 21.80 | 16.83 | 17.73 |
| 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 | 244.34 | 278.03 | 432.90 | 315.62 | 325.42 |
| Advances recoverable in cash or in kind | 231.99 | 266.72 | 361.12 | 304.75 | 314.71 |
| Advance income tax and TDS | 8.74 | 6.95 | 4.15 | 4.15 | 4.15 |
| 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 | 3.60 | 4.36 | 67.63 | 6.73 | 6.56 |
| Total Current Assets | 3536.42 | 3520.04 | 3649.75 | 4313.23 | 4262.36 |
| Net Current Assets (Including Current Investments) | 2239.59 | 1816.96 | 1934.30 | 2042.04 | 1990.92 |
| Miscellaneous Expenses not written off | 0.00 | 0.03 | 1.17 | 1.20 | 0.57 |
| Total Assets | 3571.08 | 3557.33 | 3700.50 | 4375.50 | 4375.57 |
| Contingent Liabilities | 0.23 | 1.66 | 1.66 | 0.00 | 0.00 |
| Total Debt | 1683.12 | 1538.07 | 1632.17 | 1750.86 | 1745.83 |
| Book Value | 44.40 | 25.21 | 28.33 | 28.36 | 28.70 |
| Adjusted Book Value | 44.40 | 25.21 | 28.33 | 28.36 | 28.70 |