BALANCE SHEET AS AT 31ST MARCH, 2009

(Rs. in Lacs)


Particulars


As at 31.3.2009


As at 31.3.2008


SOURCES OF FUNDS


Shareholders` Funds:

Share Capital

2050.00

2050.00

Reserves and Surplus

9151.88

9115.47

11201.88

11165.47


Loan Funds:

Secured Loans

7328.83

9732.48

18530.71

20897.95


APPLICATION OF FUNDS


Fixed Assets:

Gross Block

30163.11

30068.96

Depreciation

15639.32

14316.64

Net Block

14523.79

15752.32

Capital Work-in-Progress

246.95

280.89

14770.74

16033.21

Net
Deferred Tax Assets

1115.55

733.92


Current Assets, Loans & Advances

5927.77

6063.05

Less:
Current Liabilities & Provisions

3456.15

3423.13

Net
Current Assets

2471.62

2639.92

Miscellaneous Expenditure

(to the extent not written off or adjusted)

172.80


215.79

Profit and Loss Account

1275.11

18530.71

20897.95

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH, 2009


(Rs. in Lacs)

Particulars

2008-09

2007-08

INCOME

Gross
Sales

23025.46

23336.12

Less:
Excise Duty

2777.22

3324.67

Net
Sales

20248.24

20011.45

Other
Income

352.50

203.62


Increase/(Decrease) in Stock

307.15

(71.60)

20907.89

20143.47

EXPENDITURE


Purchase of Trading Items

144.49

Direct
Manufacturing Expenses

15134.84

14555.90


Employee Remuneration and Benefits

1489.09

1508.67

Other
Operating & Administration Expenses

403.39

352.59


Selling and Distribution Expenses

350.95

439.23


Finance Charges

977.98

1139.59


Miscellaneous Expenses Written Off

66.42

155.88


Depreciation

1121.03

1123.64

19543.70

19419.99

Profit for the year

1364.19

723.48


Expenses/(Income) relating to previous year

43.55

4.96


Profit before taxation

1320.64

718.52


Provision for Taxation:

Fringe
Benefit Tax

11.59

9.62

Income
Tax

148.32

81.41


Deferred Tax

449.11

233.54


Profit after taxation

711.62

393.95

Profit/(Loss) of previous years

(1275.11)

(2211.90)

Transitional liability for Leave Encashment

(49.17)

Transitional liability for Gratuity

30.11

Deferred Tax Assets

830.75

561.90

(444.36)

(1669.06)

Amount available for Appropriations

267.26

(1275.11)

Appropriations

Loss
carried to Balance Sheet

267.26

(1275.11)

Earnings per Share (Annualised)

Basic (in Rs.)

3.47

1.92

Diluted (in Rs.)

1.03

0.66

Number of Shares used in computing Earnings per Share

Basic

20482929

20482906

Diluted

77188929

72106706