| (Rs.in Million) |
| Particulars | Mar 2009 | Mar 2008 |
| EQUITY AND LIABILITIES | 0 | 0 |
| Share Capital | 63.15 | 63.15 |
| Equity - Authorised | 100.00 | 100.00 |
| Equity - Issued | 63.15 | 63.15 |
| Equity Paid Up | 63.15 | 63.15 |
| 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 | 1.57 | 0.00 |
| Total Reserves | 10.35 | 39.08 |
| Securities Premium | 3.78 | 3.78 |
| Capital Reserves | 0.00 | 0.00 |
| Profit & Loss Account Balance | 6.57 | 35.30 |
| General Reserves | 0.00 | 0.00 |
| Other Reserves | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 10.35 | 39.08 |
| Revaluation reserve | 0.00 | 0.00 |
| Shareholder's Funds | 75.06 | 102.23 |
| Minority Interest | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 |
| Secured Loans | 96.98 | 175.23 |
| 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 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 |
| Other Secured | 96.98 | 175.23 |
| Unsecured Loans | 17.96 | 4.91 |
| Fixed Deposits - Public | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 8.00 | 1.00 |
| 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 | 9.96 | 3.91 |
| Other Unsecured Loan | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | 3.55 | 2.13 |
| Deferred Tax Assets | 0.48 | 0.48 |
| Deferred Tax Liability | 4.03 | 2.61 |
| 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 | 118.49 | 182.27 |
| Current Liabilities | 0 | 0 |
| Trade Payables | 77.80 | 0.00 |
| Sundry Creditors | 77.80 | 0.00 |
| Acceptances | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 |
| Other Current Liabilities | 4.24 | 112.07 |
| Bank Overdraft / Short term credit | 0.53 | 0.00 |
| Advances received from customers | 3.71 | 0.00 |
| Interest Accrued But Not Due | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 112.07 |
| 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 | 3.33 | 13.33 |
| Proposed Equity Dividend | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 |
| Provision for Tax | 3.33 | 0.00 |
| Provision for post retirement benefits | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 |
| Other Provisions | 0.00 | 13.33 |
| Total Current Liabilities | 85.36 | 125.40 |
| Total Liabilities | 190.01 | 282.37 |
| ASSETS | 0 | 0 |
| Gross Block | 30.53 | 29.90 |
| Less: Accumulated Depreciation | 17.35 | 15.47 |
| Less: Impairment of Assets | 0.00 | 0.00 |
| Net Block | 13.17 | 14.42 |
| Lease Adjustment A/c | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 |
| Non Current Investments | 0.00 | 0.01 |
| Long Term Investment | 0.00 | 0.01 |
| Quoted | 0.00 | 0.01 |
| Unquoted | 0.00 | 0.00 |
| Long Term Loans & Advances | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 |
| Total Non-Current Assets | 13.17 | 14.44 |
| Current Assets Loans & Advances | 0 | 0 |
| Currents Investments | 0.09 | 0.08 |
| Quoted | 0.01 | 0.00 |
| Unquoted | 0.08 | 0.08 |
| Inventories | 54.27 | 117.14 |
| Raw Materials | 41.06 | 105.50 |
| Work-in Progress | 9.37 | 3.15 |
| Finished Goods | 2.14 | 7.44 |
| Packing Materials | 0.00 | 0.00 |
| Stores and Spare | 0.12 | 0.01 |
| Other Inventory | 1.58 | 1.05 |
| Sundry Debtors | 201.81 | 221.69 |
| Debtors more than Six months | 129.48 | 104.39 |
| Debtors Others | 72.33 | 117.30 |
| Cash and Bank | 1.44 | 31.35 |
| Cash in hand | 0.51 | 2.75 |
| Balances at Bank | 0.92 | 28.60 |
| Other cash and bank balances | 0.00 | 0.00 |
| Other Current Assets | 0.27 | 0.00 |
| 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 | 0.00 | 0.00 |
| Prepaid Expenses | 0.00 | 0.00 |
| Other current_assets | 0.27 | 0.00 |
| Short Term Loans and Advances | 7.87 | 25.20 |
| Advances recoverable in cash or in kind | 2.81 | 0.00 |
| Advance income tax and TDS | 4.37 | 0.00 |
| 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 | 0.69 | 25.20 |
| Total Current Assets | 265.75 | 395.47 |
| Net Current Assets (Including Current Investments) | 180.38 | 270.07 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 |
| Total Assets | 190.01 | 282.37 |
| Contingent Liabilities | 1.32 | 0.50 |
| Total Debt | 114.94 | 180.14 |
| Book Value | 11.64 | 16.19 |
| Adjusted Book Value | 11.64 | 16.19 |