| (Rs.in Million) |
| Particulars | Mar 2003 | Mar 2002 |
| EQUITY AND LIABILITIES | 0 | 0 |
| Share Capital | 30.00 | 30.00 |
| Equity - Authorised | 100.00 | 100.00 |
| Equity - Issued | 30.00 | 30.00 |
| Equity Paid Up | 30.00 | 30.00 |
| Equity Shares Forfeited | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 |
| Total Reserves | 4.13 | 3.07 |
| Securities Premium | 12.00 | 12.00 |
| Capital Reserves | 0.00 | 0.00 |
| Profit & Loss Account Balance | -10.91 | -13.55 |
| General Reserves | 0.00 | 0.00 |
| Other Reserves | 3.04 | 4.63 |
| Reserve excluding Revaluation Reserve | 4.13 | 3.07 |
| Revaluation reserve | 0.00 | 0.00 |
| Shareholder's Funds | 34.13 | 33.07 |
| Minority Interest | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 |
| Secured Loans | 0.30 | 0.48 |
| Non Convertible Debentures | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 |
| Term Loans - Banks | 0.00 | 0.08 |
| Term Loans - Institutions | 0.00 | 0.00 |
| Other Secured | 0.30 | 0.41 |
| Unsecured Loans | 0.70 | 1.15 |
| Fixed Deposits - Public | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 |
| Other Unsecured Loan | 0.70 | 1.15 |
| Deferred Tax Assets / Liabilities | -1.11 | -0.62 |
| Deferred Tax Assets | 1.11 | 0.62 |
| Deferred Tax Liability | 0.00 | 0.00 |
| Other Long Term Liabilities | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 |
| Total Non-Current Liabilities | -0.12 | 1.01 |
| Current Liabilities | 0 | 0 |
| Trade Payables | 4.14 | 7.06 |
| Sundry Creditors | 3.66 | 6.34 |
| Acceptances | 0.48 | 0.72 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 |
| Other Current Liabilities | 6.65 | 7.96 |
| Bank Overdraft / Short term credit | 4.43 | 4.89 |
| Advances received from customers | 0.50 | 1.20 |
| Interest Accrued But Not Due | 0.87 | 0.79 |
| Share Application Money | 0.07 | 0.07 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 |
| Other Liabilities | 0.78 | 1.01 |
| Short Term Borrowings | 0.00 | 0.00 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 |
| Working Capital Loans- Sec | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 |
| Short Term Provisions | 4.42 | 4.55 |
| Proposed Equity Dividend | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 |
| Provision for Tax | 4.42 | 4.55 |
| Provision for post retirement benefits | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 |
| Total Current Liabilities | 15.20 | 19.57 |
| Total Liabilities | 35.13 | 34.71 |
| ASSETS | 0 | 0 |
| Loans (Non - Current Assets) | 0.00 | 0.00 |
| Gross Block | 30.46 | 30.46 |
| Less: Accumulated Depreciation | 14.07 | 11.78 |
| Less: Impairment of Assets | 0.00 | 0.00 |
| Net Block | 16.39 | 18.68 |
| Lease Adjustment A/c | -10.75 | -10.16 |
| Capital Work in Progress | 0.00 | 0.00 |
| Non Current Investments | 2.85 | 0.92 |
| Long Term Investment | 2.85 | 0.92 |
| Quoted | 0.55 | 0.12 |
| Unquoted | 2.30 | 0.80 |
| Long Term Loans & Advances | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 |
| Total Non-Current Assets | 8.49 | 9.44 |
| Current Assets Loans & Advances | 0 | 0 |
| Currents Investments | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 |
| Inventories | 0.01 | 0.00 |
| Raw Materials | 0.00 | 0.00 |
| Work-in Progress | 0.00 | 0.00 |
| Finished Goods | 0.00 | 0.00 |
| Packing Materials | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 |
| Other Inventory | 0.01 | 0.00 |
| Sundry Debtors | 12.09 | 15.90 |
| Debtors more than Six months | 11.93 | 13.40 |
| Debtors Others | 0.17 | 2.50 |
| Cash and Bank | 2.24 | 2.93 |
| Cash in hand | 0.40 | 1.18 |
| Balances at Bank | 1.57 | 1.51 |
| Other cash and bank balances | 0.27 | 0.24 |
| Other Current Assets | 20.15 | 17.93 |
| Interest accrued on Investments | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.28 | 0.28 |
| Prepaid Expenses | 0.00 | 0.00 |
| Other current_assets | 19.87 | 17.65 |
| Short Term Loans and Advances | 5.93 | 6.68 |
| Advances recoverable in cash or in kind | 0.01 | 0.01 |
| Advance income tax and TDS | 4.21 | 4.55 |
| Amounts due from directors | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 |
| Other Loans & Advances | 1.70 | 2.12 |
| Total Current Assets | 40.42 | 43.45 |
| Net Current Assets (Including Current Investments) | 25.22 | 23.87 |
| Miscellaneous Expenses not written off | 0.31 | 0.78 |
| Total Assets | 35.13 | 34.71 |
| Contingent Liabilities | 0.00 | 0.00 |
| Total Debt | 1.00 | 1.63 |
| Book Value | 11.27 | 10.77 |
| Adjusted Book Value | 11.27 | 10.77 |