| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Mar 2006 | Mar 2005 | Mar 2004 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 49.96 | 49.96 | 49.96 | 49.96 | 49.96 |
| Equity - Authorised | 52.50 | 52.50 | 52.50 | 52.50 | 52.50 |
| Equity - Issued | 49.95 | 49.95 | 50.01 | 50.01 | 50.01 |
| Equity Paid Up | 49.95 | 49.95 | 49.95 | 49.95 | 49.95 |
| Equity Shares Forfeited | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 51.43 | 46.02 | 46.08 | 67.79 | 106.92 |
| Securities Premium | 29.19 | 29.19 | 29.19 | 59.18 | 101.16 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 17.59 | 12.05 | 13.26 | 6.19 | 3.70 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | 4.65 | 4.78 | 3.64 | 2.42 | 2.06 |
| Reserve excluding Revaluation Reserve | 51.43 | 46.02 | 46.08 | 67.79 | 106.92 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 101.40 | 95.98 | 96.05 | 117.76 | 156.89 |
| Minority Interest | 0.02 | 0.12 | 1.09 | 2.83 | 2.59 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| Unsecured Loans | 5.19 | 128.97 | 6.05 | 33.33 | 10.00 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 5.19 | 128.97 | 6.05 | 33.33 | 10.00 |
| Deferred Tax Assets / Liabilities | -0.57 | 0.11 | 0.57 | 0.32 | 0.17 |
| Deferred Tax Assets | 1.06 | 0.30 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liability | 0.49 | 0.41 | 0.57 | 0.32 | 0.17 |
| Other Long Term Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Liabilities | 4.63 | 129.09 | 6.61 | 33.65 | 10.44 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 12.06 | 1.25 | 4.00 | 9.80 | 0.83 |
| Sundry Creditors | 12.06 | 1.25 | 4.00 | 9.80 | 0.83 |
| Acceptances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 55.65 | 1.31 | 11.01 | 15.85 | 0.99 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 1.38 | 0.05 | 0.05 | 0.13 | 0.25 |
| Interest Accrued But Not Due | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Share Application Money | 52.98 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 1.28 | 1.26 | 10.96 | 15.72 | 0.74 |
| Short Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Loans- Sec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Provisions | 4.43 | 0.96 | 2.25 | 2.31 | 0.86 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 1.00 | 0.50 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.14 | 0.06 |
| Provision for Tax | 3.77 | 0.72 | 2.10 | 1.17 | 0.30 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.67 | 0.24 | 0.15 | 0.00 | 0.00 |
| Total Current Liabilities | 72.14 | 3.52 | 17.25 | 27.97 | 2.68 |
| Total Liabilities | 178.19 | 228.71 | 121.01 | 182.21 | 172.59 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Loans (Non - Current Assets) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Block | 10.34 | 34.45 | 37.39 | 35.47 | 81.35 |
| Less: Accumulated Depreciation | 2.08 | 1.45 | 2.53 | 1.90 | 1.54 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 8.26 | 33.00 | 34.86 | 33.57 | 79.80 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 3.55 | 0.10 | 0.00 |
| Non Current Investments | 10.17 | 11.00 | 28.74 | 32.13 | 35.52 |
| Long Term Investment | 10.17 | 11.00 | 28.74 | 32.13 | 35.52 |
| Quoted | 0.00 | 1.53 | 0.00 | 5.42 | 10.06 |
| Unquoted | 10.17 | 9.47 | 28.74 | 26.71 | 25.45 |
| Long Term Loans & Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Assets | 18.43 | 44.00 | 67.14 | 65.80 | 115.32 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 2.62 | 0.00 | 1.95 | 14.32 | 12.47 |
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Work-in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Finished Goods | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 2.62 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Inventory | 0.00 | 0.00 | 1.95 | 14.32 | 12.47 |
| Sundry Debtors | 7.01 | 0.33 | 0.40 | 20.14 | 1.17 |
| Debtors more than Six months | 0.43 | 0.19 | 0.00 | 0.35 | 0.41 |
| Debtors Others | 6.58 | 0.13 | 0.40 | 19.78 | 0.76 |
| Cash and Bank | 32.09 | 20.80 | 10.95 | 6.62 | 20.40 |
| Cash in hand | 1.59 | 1.62 | 0.91 | 1.34 | 1.23 |
| Balances at Bank | 15.07 | 17.75 | 8.09 | 3.74 | 18.60 |
| Other cash and bank balances | 15.44 | 1.43 | 1.96 | 1.54 | 0.58 |
| Other Current Assets | 0.52 | 0.29 | 0.42 | 0.11 | 0.26 |
| Interest accrued on Investments | 0.15 | 0.08 | 0.05 | 0.02 | 0.08 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 0.16 | 0.22 | 0.38 | 0.09 | 0.18 |
| Other current_assets | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Loans and Advances | 117.47 | 163.09 | 39.65 | 74.98 | 22.81 |
| Advances recoverable in cash or in kind | 24.12 | 6.51 | 0.81 | 0.40 | 0.35 |
| Advance income tax and TDS | 6.01 | 2.28 | 3.33 | 1.24 | 0.73 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 87.33 | 154.31 | 35.51 | 73.34 | 21.73 |
| Total Current Assets | 159.70 | 184.51 | 53.38 | 116.17 | 57.11 |
| Net Current Assets (Including Current Investments) | 87.56 | 180.99 | 36.12 | 88.20 | 54.43 |
| Miscellaneous Expenses not written off | 0.05 | 0.20 | 0.49 | 0.24 | 0.16 |
| Total Assets | 178.19 | 228.71 | 121.01 | 182.21 | 172.59 |
| Contingent Liabilities | 235.00 | 235.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 5.19 | 128.97 | 6.05 | 33.33 | 10.27 |
| Book Value | 20.29 | 19.17 | 19.13 | 23.52 | 31.37 |
| Adjusted Book Value | 20.29 | 19.17 | 19.13 | 23.52 | 31.37 |