| (Rs. in Millions) | 
| INCOME : |    |    |    |    |    | 
| Operating Income | 3493.20   | 186.90   | 4719.10   | 2528.10   | 896.40   | 
|      Revenue from property development | 40.40   | 44.40   | 66.10   | 78.70   | 66.90   | 
|      Sale of Development Rights |    |    |    |    |    | 
|      Development Charges |    |    |    |    |    | 
|      Income From Investment in Properties |    |    |    |    |    | 
|      Other Operational Income | 3452.70   | 142.50   | 4653.00   | 2449.30   | 829.50   | 
| Less: Excise Duty |    |    |    |    |    | 
| Operating Income (Net) | 3493.20   | 186.90   | 4719.10   | 2528.10   | 896.40   | 
| EXPENDITURE : |    |    |    |    |    | 
| Increase/Decrease in Stock | -5954.00   | -13607.80   | -7580.80   | -201.80   | -1204.70   | 
| Cost of Construction and Development | 8944.30   | 13855.70   | 11618.60   | 2435.90   | 2009.00   | 
|      Opening Raw Materials |    |    |    | 188.20   | 200.70   | 
|      Cost of Land & Construction Materials |    |    |    |    |    | 
|      Closing Stock |    |    |    | 241.60   | 188.20   | 
|      Cost of Constructed property Sold |    |    |    |    |    | 
|      Development Rights | 2998.80   | 8105.90   | 8172.60   | 170.30   | 860.10   | 
|      Other Construction Expenses | 11943.10   | 21961.50   | 19791.20   | 2847.80   | 3057.30   | 
| Power & Fuel Cost | 15.40   | 10.60   | 4.30   | 6.90   | 4.30   | 
|      Electricity & Power | 15.40   | 10.60   | 4.30   | 6.90   | 4.30   | 
|      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 | 1035.00   | 759.20   | 692.20   | 725.50   | 653.10   | 
|      Salaries, Wages & Bonus | 1308.50   | 900.30   | 827.80   | 778.50   | 713.10   | 
|      Contributions to EPF & Pension Funds | 67.50   | 50.10   | 50.30   | 38.90   | 38.30   | 
|      Workmen and Staff Welfare Expenses | 78.60   | 54.50   | 36.60   | 32.60   | 17.60   | 
|      Other Employees Cost | -419.60   | -245.70   | -222.60   | -124.50   | -115.80   | 
| Operating Expenses | 61.40   | 90.80   | 44.30   | 46.50   | 48.70   | 
|      Sub-contracted / Out sourced services |    |    |    |    |    | 
|      Processing Charges |    |    |    |    |    | 
|      Repairs and Maintenance | 61.40   | 90.80   | 44.30   | 46.50   | 48.70   | 
|      Packing Material Consumed |    |    |    |    |    | 
|      Other Manufacturing expenses | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| General and Administration Expenses | 488.00   | 452.50   | 282.70   | 208.60   | 152.40   | 
|      Rent , Rates & Taxes | 73.50   | 44.90   | 23.30   | 71.50   | 37.80   | 
|      Insurance | 2.00   | 2.30   | 1.40   | 1.40   | 1.40   | 
|      Printing and stationery | 3.90   | 6.10   | 5.90   | 1.80   | 1.50   | 
|      Professional and legal fees | 316.30   | 335.90   | 200.70   | 110.80   | 99.50   | 
|      Other Administration | 92.30   | 63.20   | 51.40   | 23.20   | 12.20   | 
| Selling and Distribution Expenses | 566.20   | 346.30   | 394.00   | 221.80   | 152.20   | 
|      Advertisement & Sales Promotion | 398.60   | 342.20   | 279.40   | 163.70   | 143.30   | 
|      Sales Commissions & Incentives |    |    |    |    |    | 
|      Freight and Forwarding |    |    |    |    |    | 
|      Handling and Clearing Charges | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
|      Other Selling Expenses | 167.70   | 4.10   | 114.60   | 58.10   | 8.90   | 
| Miscellaneous Expenses | 100.60   | 61.60   | 382.20   | 328.70   | 142.30   | 
|      Bad debts /advances written off |    |    |    |    |    | 
|      Provision for doubtful debts |    |    |    | 2.70   |    | 
|      Losson disposal of fixed assets(net) | 0.80   | 0.50   | 0.10   | 17.10   | 5.90   | 
|      Losson foreign exchange fluctuations |    |    |    |    |    | 
|      Losson sale of non-trade current investments |    |    |    |    |    | 
|      Other Miscellaneous Expenses | 99.70   | 61.10   | 382.10   | 308.80   | 136.40   | 
| Less: Expenses Capitalised |    |    |    |    |    | 
| Total Expenditure | 5256.90   | 1968.90   | 5837.50   | 3772.00   | 1957.40   | 
| Operating Profit (Excl OI) | -1763.70   | -1782.10   | -1118.50   | -1244.00   | -1061.10   | 
| Other Income | 2832.70   | 1047.40   | 1562.10   | 536.90   | 467.50   | 
|      Interest Received | 442.40   | 199.10   | 382.50   | 89.30   | 113.60   | 
|      Dividend Received | 1917.10   | 333.00   | 1051.50   | 424.50   | 276.10   | 
|      Profit on sale of Fixed Assets | 358.00   | 251.20   | 0.30   | 0.20   |    | 
|      Profits on sale of Investments | 80.60   | 131.30   | 48.40   |    |    | 
|      Provision Written Back |    |    |    |    |    | 
|      Foreign Exchange Gains |    |    |    |    |    | 
|      Others | 34.60   | 132.80   | 79.40   | 22.90   | 77.80   | 
| Operating Profit | 1069.00   | -734.60   | 443.60   | -707.10   | -593.50   | 
| Interest | 278.40   | 70.20   | 85.10   | 47.40   | 36.70   | 
|      InterestonDebenture / Bonds |    |    |    |    |    | 
|      Interest on Term Loan | 1045.00   | 495.90   | 218.90   | 81.10   | 77.60   | 
|      Intereston Fixed deposits |    |    |    |    |    | 
|      Bank Charges etc |    |    |    | 0.50   | 1.50   | 
|      Other Interest | -766.50   | -425.70   | -133.80   | -34.30   | -42.40   | 
| PBDT | 790.60   | -804.90   | 358.50   | -754.50   | -630.20   | 
| Depreciation | 175.90   | 125.40   | 96.60   | 61.80   | 66.50   | 
| Profit Before Taxation & Exceptional Items | 614.70   | -930.20   | 261.90   | -816.20   | -696.70   | 
| Exceptional Income / Expenses |    | 229.10   | 1243.70   | 1041.20   |    | 
| Profit Before Tax | 614.70   | -701.10   | 1505.60   | 225.00   | -696.70   | 
| Provision for Tax | 101.20   | -312.90   | -6.90   | -203.90   | -174.20   | 
|      Current Income Tax |    |    |    |    |    | 
|      Deferred Tax | 101.20   | -312.90   | -6.90   | -203.90   | -174.20   | 
|      Other taxes | 101.20   | -312.90   | -6.90   | -203.90   | -174.20   | 
| Profit After Tax | 513.50   | -388.20   | 1512.50   | 428.90   | -522.50   | 
| Extra items | 0.00   | 0.00   | 0.00   | 0.00   | 0.00   | 
| Adjustments to PAT |    |    |    |    |    | 
| Profit Balance B/F | 3602.20   | 4349.50   | 3145.90   | 2713.90   | 3237.90   | 
| Appropriations | 4115.60   | 3961.30   | 4658.50   | 3142.90   | 2715.40   | 
|      General Reserve |    |    |    |    |    | 
|      Proposed Equity Dividend |    |    |    |    |    | 
|      Corporate dividend tax |    |    |    |    |    | 
|      Other Appropriation | 4115.60   | 3961.30   | 4658.50   | 3142.90   | 2715.40   | 
| Equity Dividend % | 28.00   | 27.00   | 23.00   | 20.00   |    | 
| Earnings Per Share | 3.00   | -3.00   | 10.00   | 3.00   | -10.00   | 
| Adjusted EPS | 3.00   | -2.00   | 9.00   | 3.00   | -3.00   |