BALANCE SHEET AS AT 31ST MARCH, 2007

(Rs. in Lacs)


Particulars                       

 

As
at 31.3.2007

 

As
at 31.3.2006

 


SOURCES OF FUNDS

 

 


Shareholders` Funds:

 

 

 

Share Capital

2050.00

 

2049.99

Reserves and Surplus

9326.02

9578.12

 

               

11376.02

11628.11


Loan Funds:

 

 

 

Secured Loans

 

11326.76

12730.42

 

 

22702.78

24358.53


APPLICATION OF FUNDS

 

 

 


Fixed Assets:

 

 

 

Gross Block  

29724.87

 

29611.78

Depreciation

12997.74

 

11773.98

Net Block

16727.13

 

17837.80

Capital Work-in-Progress

332.66

 

283.08

 

 

17059.79

18120.88

Net
Deferred Tax Assets

 

405.56

493.31


Current Assets, Loans & Advances

5570.57

 

5786.08

Less:
Current Liabilities & Provisions

2897.26

 

2771.20

Net
Current Assets

2673.31

3014.88

Miscellaneous Expenditure

(to the extent not written off or adjusted)

 

 

    352.22

 

    418.33

Profit and Loss Account

 

  2211.90

 2311.13

 

22702.78

24358.53

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH, 2007


(Rs. in Lacs)

Particulars

 

2006-07

 

2005-06

 

INCOME

 

 

 

Gross
Sales

 

23578.54

24586.24

Less:
Excise Duty

  3406.12

  3547.76

Net
Sales

 

20172.42

21038.48

Other
Income

 

254.83

287.82


Increase/(Decrease) in Stock

      70.87

      14.02

 

20498.12

21340.32

EXPENDITURE

 

 

 


Purchase of Trading Items

 

321.73

199.47

Direct
Manufacturing Expenses

 

14952.58

14137.64


Employee Remuneration and Benefits

 

1326.55

1312.51

Other
Operating & Administration Expenses

 

480.56

535.06


Selling and Distribution Expenses

 

544.22

662.75


Finance Charges

 

1257.95

1360.14


Miscellaneous Expenses Written Off

 

241.76

239.39


Depreciation

  1117.69

  1103.60

 

20243.04

19550.56

Profit for the year

255.08

1789.76


Expenses/(Income) relating to previous year

  19.21

            –


Profit before taxation

235.87

1789.76


Provision for Taxation:

 

 

 

Fringe
Benefit Tax

 

11.25

16.55

Income
Tax

 

37.64

135.21


Deferred Tax

  87.75

  373.36


Profit after taxation 

 

99.23

1264.64

Profit/(Loss) of previous years

(2311.13)

(4442.44)

Deferred Tax Assets


   866.67

(2311.13)

(3575.77)

Amount available for Appropriations

(2211.90)

(2311.13)

Appropriations

 

 

Loss
carried to Balance Sheet

(2211.90)

(2311.13)

Earnings per Share (Annualised)

 

 

 

Basic (in Rs.)

 

0.48

6.17

Diluted (in Rs.)

 

0.28

2.28

Number of Shares used in computing Earnings per Share

 

 

 

Basic

 

20482906

20482890

Diluted

 

66070548

59165590