AUDITED FINANCIAL RESULTS  FOR THE QUARTER ENDED  31.03.08                  
                        ( Rs in Lacs )   ( Rs in Lacs )
  9 MONTHS
 ENDED
QTR ENDED YEAR ENDED       CONSOLIDATED      
  31.12.07   31.03.08   31.03.07 31.03.08   31.03.07   31.03.08   31.03.07   31.03.07
     DESCRIPTION Reviewed   Reviewed   Reviewed Audited   Audited   Audited   Audited   Audited
                             
                             
1.  SALES /  INCOME  FROM  OPERATIONS 46,071.22   15,985.60   15,189.74 62,056.82   60,199.77   125,646.03   119,245.67    
Less: EXCISE DUTY 6,706.78   2,168.71   2,309.68 8,875.49   8,095.00   8,875.49   8,095.00   47,820.74
Less: SALES TAX 1,606.74   555.70   645.57 2,162.44   2,287.00   2,162.44   2,287.00   417.02
NET SALES /  INCOME  FROM  OPERATIONS 37,757.70   13,261.19   12,234.49 51,018.89   49,817.77   114,608.10   108,863.67   2,132.11
                            58,926.59
2.  OTHER  INCOME 1,033.92   1,349.76   337.96 2,383.68   1,024.37   2,505.75   1,015.65   109,296.46
  38,791.62   14,610.95   12,572.45 53,402.57   50,842.14   117,113.85   109,879.32    
3.  TOTAL  EXPENDITURE                                                 -  
     a) Increase ( - ) /Decrease(+) in stock in trade 838.25   440.27   -900.92 1,278.52   -1,555.19   1,278.52   -1,555.19   109,296.46
     b) Consumption of raw material / Purchase of Finished Goods for Resale 14,851.69   5,343.83   5,742.28 20,195.52   21,700.10   20,195.53   21,700.10    
     c) Employee cost 4,768.90   1,551.33   1,657.83 6,320.23   5,968.45   44,519.94   37,742.91    
     d) Other expenditure 8,968.55   4,812.98   3,252.85 13,781.53   12,552.24   36,604.94   36,308.99    
     e) Share in profit of associate Companies                   -39.80   -36.62   10,271.03
     f) Share of Minority Interest                   -7.53                     -     -644.78
  29,427.39   12,148.41   9,752.04 41,575.80   38,665.60   102,551.60   94,160.19   762.33
                            1,493.81
4.  PROFIT BEFORE INTEREST,DEPRECIATION & TAX 9,364.23   2,462.54   2,820.41 11,826.77   12,176.54   14,562.25   15,719.13   11,882.39
                            2,367.70
5.  INTEREST 1,957.53   597.55   593.78 2,555.08   1,860.43   3,283.54   2,367.70    
                            -422.95
6.  DEPRECIATION 2,036.58   814.18   592.74 2,850.76   2,083.98   4,625.82   3,413.79   9,937.64