| (Rs.in Million) |
| Particulars | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 |
| Share Capital | 121.81 | 60.90 | 60.90 | 25.94 |
| Equity - Authorised | 150.00 | 61.00 | 61.00 | 61.00 |
| Equity - Issued | 121.81 | 60.90 | 60.90 | 25.94 |
| Equity Paid Up | 121.81 | 60.90 | 60.90 | 25.94 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 494.84 | 481.77 | 418.08 | 241.82 |
| Securities Premium | 139.87 | 139.87 | 139.87 | 0.00 |
| Capital Reserves | 1.95 | 1.95 | 11.46 | 11.13 |
| Profit & Loss Account Balance | 352.86 | 339.79 | 266.63 | 224.61 |
| General Reserves | 0.16 | 0.16 | 0.12 | 0.11 |
| Other Reserves | 0.00 | 0.00 | 0.00 | 5.97 |
| Reserve excluding Revaluation Reserve | 494.84 | 481.77 | 418.08 | 241.82 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 616.65 | 542.67 | 478.99 | 267.76 |
| Minority Interest | 124.45 | 120.88 | 90.59 | 81.47 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 255.41 | 213.11 | 119.23 | 75.02 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 229.56 | 189.84 | 24.94 | 5.59 |
| Term Loans - Institutions | 20.25 | 9.93 | 94.29 | 69.43 |
| Other Secured | 5.61 | 13.34 | 0.00 | 0.00 |
| Unsecured Loans | 210.64 | 232.55 | 99.36 | 133.44 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 131.64 | 120.31 | 0.00 | 80.04 |
| Other Unsecured Loan | 79.00 | 112.24 | 99.36 | 53.40 |
| Deferred Tax Assets / Liabilities | 5.11 | -0.50 | 11.29 | 2.70 |
| Deferred Tax Assets | 8.04 | 9.95 | 1.44 | 0.00 |
| Deferred Tax Liability | 13.15 | 9.45 | 12.73 | 2.70 |
| Other Long Term Liabilities | 19.06 | 22.91 | 5.50 | 5.50 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 23.13 | 22.00 | 17.74 | 25.47 |
| Total Non-Current Liabilities | 513.36 | 490.07 | 253.12 | 242.12 |
| Current Liabilities | 0 | 0 | 0 | 0 |
| Trade Payables | 538.17 | 411.80 | 386.98 | 233.83 |
| Sundry Creditors | 538.17 | 411.80 | 386.98 | 233.83 |
| Acceptances | 0.00 | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 144.48 | 121.71 | 14.51 | 104.53 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 10.55 | 12.03 | 2.48 | 43.89 |
| Interest Accrued But Not Due | 7.40 | 0.00 | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 126.54 | 109.68 | 12.03 | 60.64 |
| Short Term Borrowings | 834.46 | 709.30 | 366.95 | 253.09 |
| Secured ST Loans repayable on Demands | 628.46 | 559.30 | 366.95 | 253.09 |
| Working Capital Loans- Sec | 628.46 | 559.30 | 366.95 | 253.09 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | -422.46 | -409.30 | -366.95 | -253.09 |
| Short Term Provisions | 15.76 | 14.56 | 32.40 | 20.75 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 0.45 | 0.43 | 3.92 | 3.01 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 15.31 | 14.14 | 28.48 | 17.75 |
| Total Current Liabilities | 1532.87 | 1257.37 | 800.84 | 612.21 |
| Total Liabilities | 2787.34 | 2410.99 | 1623.54 | 1203.56 |
| ASSETS | 0 | 0 | 0 | 0 |
| Gross Block | 887.80 | 770.75 | 832.86 | 719.14 |
| Less: Accumulated Depreciation | 9.84 | 5.24 | 306.80 | 266.69 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 877.96 | 765.51 | 526.06 | 452.44 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Non Current Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Investment | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loans & Advances | 93.64 | 85.74 | 118.76 | 80.58 |
| Other Non Current Assets | 21.56 | 25.29 | 0.00 | 0.00 |
| Total Non-Current Assets | 1003.55 | 879.04 | 644.82 | 533.02 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1063.54 | 918.09 | 463.53 | 278.92 |
| Raw Materials | 308.08 | 281.87 | 123.87 | 77.50 |
| Work-in Progress | 524.16 | 447.03 | 318.01 | 138.05 |
| Finished Goods | 95.58 | 6.92 | 0.00 | 0.00 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 59.97 | 98.72 | 21.64 | 12.36 |
| Other Inventory | 75.75 | 83.56 | 0.00 | 51.01 |
| Sundry Debtors | 534.47 | 501.23 | 384.56 | 295.88 |
| Debtors more than Six months | 66.35 | 14.67 | 1.18 | 10.06 |
| Debtors Others | 468.12 | 486.56 | 383.38 | 285.82 |
| Cash and Bank | 4.77 | 7.29 | 6.41 | 14.63 |
| Cash in hand | 2.39 | 2.37 | 2.08 | 3.09 |
| Balances at Bank | 2.38 | 4.93 | 4.33 | 11.55 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 19.58 | 6.12 | 3.16 | 4.10 |
| Interest accrued on Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.00 | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 12.98 | 6.12 | 2.45 | 1.87 |
| Other current_assets | 6.60 | 0.00 | 0.71 | 2.23 |
| Short Term Loans and Advances | 161.43 | 99.22 | 120.35 | 76.80 |
| Advances recoverable in cash or in kind | 139.17 | 73.98 | 94.76 | 44.53 |
| Advance income tax and TDS | 6.76 | 7.66 | 7.50 | 8.95 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 15.49 | 17.58 | 18.09 | 23.32 |
| Total Current Assets | 1783.79 | 1531.95 | 978.00 | 670.33 |
| Net Current Assets (Including Current Investments) | 250.91 | 274.59 | 177.16 | 58.13 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.72 | 0.21 |
| Total Assets | 2787.34 | 2410.99 | 1623.54 | 1203.56 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 1371.77 | 1203.16 | 585.54 | 491.10 |
| Book Value | 50.62 | 89.10 | 78.53 | 103.14 |
| Adjusted Book Value | 50.62 | 44.55 | 39.26 | 25.79 |