| (Rs.in Million) |
| Particulars | Mar 2003 | Mar 2002 |
| INCOME : | | |
| Gross Sales | 2995.10 | 2648.80 |
| Sales | 2995.10 | 2648.80 |
| Job Work/ Contract Receipts | | |
| Processing Charges / Service Income | | |
| Revenue from property development | | |
| Other Operational Income | 0.00 | 0.00 |
| Less: Excise Duty | 14.20 | 14.30 |
| Net Sales | 2980.90 | 2634.50 |
| EXPENDITURE : | | |
| Increase/Decrease in Stock | -19.10 | -26.00 |
| Raw Material Consumed | 2057.90 | 1708.60 |
| Opening Raw Materials | 155.00 | |
| Purchases Raw Materials | 1772.50 | 1641.30 |
| Closing Raw Materials | 185.10 | 155.00 |
| Other Direct Purchases / Brought in cost | 315.50 | 222.30 |
| Other raw material cost | 0.00 | 0.00 |
| Power & Fuel Cost | 113.70 | 99.00 |
| Electricity & Power | 113.70 | 99.00 |
| Oil, Fuel & Natural gas | 0.00 | 0.00 |
| Coals etc | 0.00 | 0.00 |
| Other power & fuel | 0.00 | 0.00 |
| Employee Cost | 219.00 | 202.30 |
| Salaries, Wages & Bonus | 175.20 | 163.50 |
| Contributions to EPF & Pension Funds | 22.10 | 19.50 |
| Workmen and Staff Welfare Expenses | 21.80 | 19.30 |
| Other Employees Cost | 0.00 | 0.00 |
| Other Manufacturing Expenses | 88.10 | 84.90 |
| Sub-contracted / Out sourced services | | |
| Processing Charges | | |
| Repairs and Maintenance | 41.60 | 42.70 |
| Packing Material Consumed | | |
| Other Mfg Exp | 46.60 | 42.10 |
| General and Administration Expenses | 127.60 | 123.40 |
| Rent , Rates & Taxes | 22.70 | 22.10 |
| Insurance | 7.90 | 7.40 |
| Printing and stationery | | |
| Professional and legal fees | | |
| Traveling and conveyance | 33.60 | 30.60 |
| Other Administration | 97.00 | 93.90 |
| Selling and Distribution Expenses | 112.00 | 80.70 |
| Advertisement & Sales Promotion | 42.70 | 19.30 |
| Sales Commissions & Incentives | 6.00 | 4.50 |
| Freight and Forwarding | 63.30 | 56.90 |
| Handling and Clearing Charges | 0.00 | 0.00 |
| Other Selling Expenses | 0.00 | 0.00 |
| Miscellaneous Expenses | 114.00 | 116.60 |
| Bad debts /advances written off | 2.00 | 4.30 |
| Provision for doubtful debts | | |
| Losson disposal of fixed assets(net) | 0.40 | 10.40 |
| Losson foreign exchange fluctuations | | |
| Losson sale of non-trade current investments | 8.40 | 6.10 |
| Other Miscellaneous Expenses | 103.20 | 95.90 |
| Less: Expenses Capitalised | | |
| Total Expenditure | 2813.30 | 2389.60 |
| Operating Profit (Excl OI) | 167.60 | 244.90 |
| Other Income | 19.10 | 29.10 |
| Interest Received | 3.00 | 3.90 |
| Dividend Received | 0.20 | 13.80 |
| Profit on sale of Fixed Assets | | 0.00 |
| Profits on sale of Investments | | 0.90 |
| Provision Written Back | | |
| Foreign Exchange Gains | | |
| Others | 15.90 | 10.50 |
| Operating Profit | 186.70 | 274.00 |
| Interest | 43.70 | 46.20 |
| InterestonDebenture / Bonds | | 1.60 |
| Interest on Term Loan | | 28.40 |
| Intereston Fixed deposits | | |
| Bank Charges etc | | |
| Other Interest | 43.70 | 16.20 |
| PBDT | 143.00 | 227.80 |
| Depreciation | 57.50 | 53.00 |
| Profit Before Taxation & Exceptional Items | 85.40 | 174.80 |
| Exceptional Income / Expenses | | |
| Profit Before Tax | 85.40 | 174.80 |
| Provision for Tax | 16.70 | 54.50 |
| Current Income Tax | 15.20 | 51.00 |
| Deferred Tax | 1.50 | 3.50 |
| Other taxes | 0.00 | 0.00 |
| Profit After Tax | 68.70 | 120.30 |
| Extra items | 0.00 | 0.00 |
| Minority Interest | | |
| Share of Associate | | |
| Other Consolidated Items | | |
| Consolidated Net Profit | 68.70 | 120.30 |
| Adjustments to PAT | 0.20 | -4.30 |
| Profit Balance B/F | 19.40 | 16.40 |
| Appropriations | 88.30 | 132.40 |
| General Reserves | 40.00 | 71.10 |
| Proposed Equity Dividend | 28.60 | 49.90 |
| Corporate dividend tax | 3.70 | |
| Other Appropriation | | |
| Equity Dividend % | 30.00 | 40.00 |
| Earnings Per Share | 7.00 | 12.00 |
| Adjusted EPS | 5.00 | 8.00 |