(Rs.in Million)
Particulars
Mar 2004
Mar 2003
Mar 2002
Gross Sales
1146.59
2246.79
3826.27
Sales
982.19
2102.90
3774.51
Job Work/ Contract Receipts
164.40
44.30
Processing Charges / Service Income
143.89
7.46
Revenue from property development
Other Operational Income
0.00
0.00
0.00
Less: Excise Duty
125.51
253.74
493.52
Net Sales
1021.08
1993.05
3332.75
Increase/Decrease in Stock
38.59
136.52
-30.59
Raw Material Consumed
646.83
1372.29
2618.81
Opening Raw Materials
62.38
106.55
152.03
Purchases Raw Materials
541.81
1244.17
2410.07
Closing Raw Materials
64.71
62.38
106.55
Other Direct Purchases / Brought in cost
107.35
83.95
163.25
Other raw material cost
0.00
0.00
0.00
Power & Fuel Cost
33.76
60.88
90.98
Electricity & Power
33.76
60.88
90.98
Oil, Fuel & Natural gas
0.00
0.00
0.00
Other power & fuel
0.00
0.00
0.00
Employee Cost
225.20
245.37
233.41
Salaries, Wages & Bonus
179.58
207.16
192.71
Contributions to EPF & Pension Funds
35.49
28.80
27.19
Workmen and Staff Welfare Expenses
10.12
9.41
13.51
Other Employees Cost
0.00
0.00
0.00
Other Manufacturing Expenses
137.32
116.29
84.32
Sub-contracted / Out sourced services
119.22
Processing Charges
83.61
20.38
Repairs and Maintenance
6.11
10.29
21.56
Packing Material Consumed
Other Mfg Exp
11.99
22.39
42.38
General and Administration Expenses
87.21
100.87
136.72
Rent , Rates & Taxes
24.92
42.10
75.50
Professional and legal fees
1.50
Traveling and conveyance
26.92
34.01
32.20
Other Administration
55.25
50.97
52.16
Selling and Distribution Expenses
31.84
62.16
68.41
Advertisement & Sales Promotion
Sales Commissions & Incentives
Freight and Forwarding
12.43
31.33
50.95
Handling and Clearing Charges
0.00
0.00
0.00
Other Selling Expenses
19.41
30.84
17.46
Miscellaneous Expenses
432.61
560.44
106.08
Bad debts /advances written off
334.51
85.64
24.76
Provision for doubtful debts
60.37
0.20
Losson disposal of fixed assets(net)
1.61
Losson foreign exchange fluctuations
3.77
6.21
Losson sale of non-trade current investments
170.18
21.08
Other Miscellaneous Expenses
94.33
244.25
52.22
Less: Expenses Capitalised
Total Expenditure
1633.35
2654.82
3308.13
Operating Profit (Excl OI)
-612.27
-661.77
24.62
Other Income
191.96
259.16
361.05
Interest Received
52.13
196.13
194.68
Dividend Received
3.86
4.57
7.08
Profit on sale of Fixed Assets
70.48
24.45
Profits on sale of Investments
3.61
90.23
Provision Written Back
17.31
13.42
54.60
Foreign Exchange Gains
3.65
3.31
Operating Profit
-420.30
-402.61
385.67
Interest
406.63
377.08
390.17
InterestonDebenture / Bonds
1.21
1.17
Interest on Term Loan
150.88
193.00
227.82
Intereston Fixed deposits
Other Interest
255.75
182.87
161.18
Depreciation
352.00
96.23
115.38
Profit Before Taxation & Exceptional Items
-1178.93
-875.91
-119.88
Exceptional Income / Expenses
Profit Before Tax
-1178.93
-875.91
-119.88
Provision for Tax
-26.04
-39.66
-41.33
Deferred Tax
-23.55
-17.90
-43.96
Other taxes
-26.04
-39.66
2.49
Profit After Tax
-1152.89
-836.25
-78.54
Consolidated Net Profit
-1152.89
-836.25
-78.54
Profit Balance B/F
215.53
36.09
131.63
Appropriations
-937.35
-800.16
53.08
Proposed Equity Dividend
16.99
Other Appropriation
-1283.93
Earnings Per Share
-54.00
-39.00
-4.00
Adjusted EPS
-54.00
-39.00
-4.00