| (Rs. in Millions) | 
| INCOME : |    |    |    |    |    | 
| Gross Sales | 7172.30   | 8541.80   | 7492.70   | 5138.50   | 5506.20   | 
|      Sales | 7172.30   | 8541.80   | 7492.70   | 5091.10   | 5468.00   | 
|      Job Work/ Contract Receipts |    |    |    |    | 38.20   | 
|      Processing Charges / Service Income |    |    |    | 47.40   |    | 
|      Revenue from property development |    |    |    |    |    | 
|      Other Operational Income | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Less: Excise Duty |    |    |    |    |    | 
| Net Sales | 7172.30   | 8541.80   | 7492.70   | 5138.50   | 5506.20   | 
| EXPENDITURE : |    |    |    |    |    | 
| Increase/Decrease in Stock | 149.40   | -169.40   | -166.00   | 14.20   | 8.40   | 
| Raw Material Consumed | 6352.80   | 7913.40   | 6664.70   | 3917.40   | 4763.60   | 
|      Opening Raw Materials | 1573.60   | 1342.40   | 758.10   | 973.20   | 1298.50   | 
|      Purchases Raw Materials | 5562.50   | 7912.50   | 6886.80   | 2947.90   | 4118.10   | 
|      Closing Raw Materials | 1524.80   | 1573.60   | 1342.40   | 758.10   | 973.20   | 
|      Other Direct Purchases / Brought in cost | 741.40   | 232.00   | 362.20   | 754.30   | 320.20   | 
|      Other raw material cost | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Power & Fuel Cost | 121.90   | 117.40   | 100.20   | 119.90   | 101.80   | 
|      Electricity & Power | 121.90   | 117.40   | 100.20   | 119.90   | 101.80   | 
|      Oil, Fuel & Natural gas | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
|      Coals etc | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
|      Other power & fuel | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Employee Cost | 235.10   | 230.20   | 207.10   | 202.60   | 163.00   | 
|      Salaries, Wages & Bonus | 215.90   | 211.70   | 190.50   | 186.50   | 149.90   | 
|      Contributions to EPF & Pension Funds | 16.80   | 16.20   | 14.30   | 13.80   | 11.00   | 
|      Workmen and Staff Welfare Expenses | 2.40   | 2.30   | 2.30   | 2.30   | 2.00   | 
|      Other Employees Cost | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Other Manufacturing Expenses | 131.30   | 118.60   | 180.40   | 124.90   | 129.30   | 
|      Sub-contracted / Out sourced services |    |    |    |    |    | 
|      Processing Charges |    |    |    |    |    | 
|      Repairs and Maintenance | 32.20   | 12.10   | 15.10   | 9.70   | 24.50   | 
|      Packing Material Consumed |    |    |    |    |    | 
|      Other Mfg Exp | 99.10   | 106.40   | 165.30   | 115.20   | 104.80   | 
| General and Administration Expenses | 8.70   | 24.60   | 15.40   | 10.30   | 19.80   | 
|      Rent , Rates & Taxes | 5.50   | 22.10   | 12.90   | 7.90   | 17.30   | 
|      Insurance | 2.50   | 1.80   | 1.60   | 1.60   | 1.70   | 
|      Printing and stationery |    |    |    |    |    | 
|      Professional and legal fees |    |    |    |    |    | 
|      Traveling and conveyance |    |    |    |    |    | 
|      Other Administration | 0.70   | 0.70   | 0.80   | 0.80   | 0.90   | 
| Selling and Distribution Expenses | 2.20   | 2.10   | 1.70   | 44.20   | 4.60   | 
|      Handling and Clearing Charges | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
|      Other Selling Expenses | 0.00   | 0.00   | 0.00   | 41.70   | 0.00   | 
| Miscellaneous Expenses | 47.80   | 55.80   | 52.30   | 65.30   | 42.10   | 
|      Bad debts /advances written off |    |    |    |    |    | 
|      Provision for doubtful debts | 0.10   |    |    |    |    | 
|      Losson disposal of fixed assets(net) |    |    | 0.30   | 1.10   | 0.20   | 
|      Losson foreign exchange fluctuations |    |    | 0.50   |    |    | 
|      Losson sale of non-trade current investments |    |    |    |    |    | 
|      Other Miscellaneous Expenses | 47.80   | 55.80   | 51.50   | 64.20   | 41.90   | 
| Less: Expenses Capitalised |    |    |    |    |    | 
| Total Expenditure | 7049.20   | 8292.80   | 7055.60   | 4498.70   | 5232.70   | 
| Operating Profit (Excl OI) | 123.10   | 249.10   | 437.10   | 639.80   | 273.50   | 
| Other Income | 13.10   | 27.10   | 120.40   | 244.20   | 65.60   | 
|      Interest Received | 1.30   | 2.20   | 13.70   | 199.50   | 47.90   | 
|      Dividend Received |    |    |    |    |    | 
|      Profit on sale of Fixed Assets | 0.30   | 0.00   |    |    |    | 
|      Profits on sale of Investments |    |    |    |    |    | 
|      Provision Written Back | 1.60   | 18.30   | 1.30   | 27.10   | 7.30   | 
|      Foreign Exchange Gains | 4.50   | 0.00   |    | 6.10   | 5.00   | 
|      Others | 5.40   | 6.60   | 105.40   | 11.50   | 5.40   | 
| Operating Profit | 136.30   | 276.20   | 557.50   | 884.00   | 339.20   | 
| Interest | 103.80   | 113.30   | 111.90   | 189.60   | 103.10   | 
|      InterestonDebenture / Bonds |    |    |    |    |    | 
|      Interest on Term Loan | 99.40   | 101.50   | 104.50   | 87.70   | 70.90   | 
|      Intereston Fixed deposits |    |    |    |    |    | 
|      Bank Charges etc | 2.90   | 11.30   | 6.70   | 19.00   | 7.50   | 
|      Other Interest | 1.40   | 0.50   | 0.80   | 82.90   | 24.60   | 
| PBDT | 32.50   | 163.00   | 445.60   | 694.40   | 236.10   | 
| Depreciation | 148.80   | 147.90   | 142.40   | 118.10   | 89.40   | 
| Profit Before Taxation & Exceptional Items | -116.30   | 15.10   | 303.20   | 576.20   | 146.70   | 
| Exceptional Income / Expenses |    |    |    |    |    | 
| Profit Before Tax | -116.30   | 15.10   | 303.20   | 576.20   | 146.70   | 
| Provision for Tax | -55.40   | -7.80   | 117.70   | 189.80   | 42.10   | 
|      Current Income Tax |    | 2.70   | 52.80   | 115.00   | 30.20   | 
|      Deferred Tax | -55.40   | -10.50   | 84.10   | 74.70   | 11.80   | 
|      Other taxes | -55.40   | 0.00   | -19.10   | 0.00   | 0.00   | 
| Profit After Tax | -60.90   | 22.80   | 185.50   | 386.50   | 104.70   | 
| Extra items | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Minority Interest |    |    |    |    |    | 
| Share of Associate |    |    |    |    |    | 
| Other Consolidated Items |    |    |    |    |    | 
| Consolidated Net Profit | -60.90   | 22.80   | 185.50   | 386.50   | 104.70   | 
| Adjustments to PAT |    |    |    |    |    | 
| Profit Balance B/F | 1052.20   | 1028.70   | 844.00   | 785.20   | 679.80   | 
| Appropriations | 991.20   | 1051.50   | 1029.40   | 1171.70   | 784.50   | 
|      General Reserves |    |    |    |    |    | 
|      Proposed Equity Dividend |    |    |    |    |    | 
|      Corporate dividend tax |    |    |    |    |    | 
|      Other Appropriation | 0.00   | -0.70   | 0.80   | -123.30   | -0.70   | 
| Equity Dividend % |    |    |    |    |    | 
| Earnings Per Share | -2.00   | 1.00   | 5.00   | 11.00   | 3.00   | 
| Adjusted EPS | -2.00   | 1.00   | 5.00   | 11.00   | 3.00   |