BALANCE SHEET as at 31st March, 2010

(Rs. in Lacs)


Particulars                       

 


As at 31.3.2010

 


As at 31.3.2009

 


SOURCES OF FUNDS

 

 

 


Shareholders` Funds:

 

 

 

Share Capital


2050.00

 


2050.00

Reserves and Surplus


13243.48

 

9151.88

 

               

15293.48

11201.88


Loan Funds:

 

 

 

Secured Loans

 

8209.49

7328.83

 

 

23502.97

18530.71


APPLICATION OF FUNDS

 

 

 


Fixed Assets:

 

 

 

Gross Block  

34813.62

 

30163.11

Depreciation

17033.06

 

15639.32

Net Block

17780.56

 

14523.79

Capital Work-in-Progress

277.16

 

246.95

 

 

18057.72

14770.74


Net
Deferred Tax Assets

 

1371.87

1115.55


Current Assets, Loans & Advances

5672.57

 

5927.77

Less:
Current Liabilities & Provisions

3989.48

 

3456.15

Net
Current Assets

 

1683.09

2471.62

Miscellaneous Expenditure

(to the extent not written off or adjusted)

 

 

    416.12


 

    172.80

Profit and Loss Account

 

1974.17

  –

 

23502.97

18530.71

PROFIT AND LOSS ACCOUNT
for the year ended 31st March, 2010

                                                  

(Rs. in Lacs)

Particulars

 

2009-10

 

2008-09

 

INCOME

 

 

 

Gross
Sales

 

16687.42

23025.46

Less:
Excise Duty

 

1321.06

2777.22

Net
Sales

 

15366.36

20248.24

Other
Income

 

214.24

352.50


Increase/(Decrease) in Stock

 

      (248.11)

      307.15

 

 

15332.49

20907.89

EXPENDITURE 

 

 

 

Direct
Manufacturing Expenses

 

13494.92

15134.84


Employee Remuneration and Benefits

 

1600.31

1489.09

Other
Operating & Administration Expenses

 

395.99

403.39


Selling and Distribution Expenses

 

250.43

350.95


Finance Charges

 

808.12

977.98


Miscellaneous Expenses Written Off

 

78.80

66.42


Depreciation

 

1115.10

1121.03

 

 

17743.67

19543.70

Profit / (Loss) for the year

 

(2411.18)

1364.19


Expenses relating to previous year

 

86.57

43.55


Profit / (Loss) before taxation

 

(2497.75)

1320.64


Provision for Taxation:

 

 

 

Fringe
Benefit Tax

 

11.59

Income
Tax

 

148.32


Deferred Tax

 

(256.32)

449.11


Profit / (Loss) after Taxation 

 

(2241.43)

711.62

Profit / (Loss) of previous years

267.26

 

(1275.11)

Deferred Tax Assets on unabsorbed
Depreciation

 

830.75

 

267.26

(444.36)

Amount available for Appropriations

 

(1974.17)

267.26

Appropriations

 

 

 


Balance carried to Balance Sheet

 

(1974.17)

267.26

Earnings per Share (Annualised)

 

 

 

Basic (in Rs.)

 

(10.94)

3.47

Diluted (in Rs.)

 

(10.94)

1.03

Number of Shares used in computing Earnings per Share

 

 

 

Basic

 

20482929

20482929

Diluted

 

81423829

77188929