Particulars                       

As at 31.3.2008

As at 31.3.2007

SOURCES OF FUNDS

Shareholders` Funds:

Share Capital

2050.00

2050.00

Reserves and Surplus

11165.47

11376.02

Loan Funds:

Secured Loans

9732.48

11326.76

APPLICATION OF FUNDS

Fixed Assets:

Gross Block  

30068.96

29724.87

Depreciation

Net Block

15752.32

16727.13

Capital Work-in-Progress

16033.21

Net Deferred Tax Assets

733.92

405.56

Current Assets, Loans & Advances

6063.05

5570.57

Less: Current Liabilities & Provisions

Net Current Assets

2639.92

Miscellaneous Expenditure

(to the extent not written off or adjusted)

    215.79

    352.22

Profit and Loss Account

Particulars                       

2007-08

2006-07

INCOME

Gross Sales

23336.12

23578.54

Less: Excise Duty

Net Sales

20011.45

20172.42

Other Income

203.62

254.83

Increase/(Decrease) in Stock

EXPENDITURE 

Purchase of Trading Items

144.49

321.73

Direct Manufacturing Expenses

14555.90

14952.58

Employee Remuneration and Benefits

1508.67

1326.55

Other Operating & Administration Expenses

352.59

480.56

Selling and Distribution Expenses

439.23

544.22

Finance Charges

1139.59

1257.95

Miscellaneous Expenses Written Off

155.88

241.76

Depreciation

Profit for the year

723.48

255.08

Expenses/(Income) relating to previous year

Profit before taxation

718.52

235.87

Provision for Taxation:

Fringe Benefit Tax

9.62

11.25

Income Tax

81.41

37.64

Deferred Tax

Profit after taxation 

393.95

99.23

Profit/(Loss) of previous years

(2211.90)

(2311.13)

 (49.17)

-

 30.11

-

Deferred Tax Assets

-

Amount available for Appropriations

Appropriations

Loss carried to Balance Sheet

Earnings per Share (Annualised)

Basic (in Rs.)

1.92

0.48

Diluted (in Rs.)

0.66

0.28

Number of Shares used in computing Earnings per Share

Basic

20482906

20482906

Diluted

72106706

66070548