Annual Financial Results

Particulars 2003 2002 2001 2000 1999 1998

Sales 7,113,996 6,941,860 7,599,833  7,601,520  7,736,446  7,431,749 
Less: Excise Duty 373,032  444,604  392,500  409,286  420,773  327,845 
Net Sales 6,740,964  6,497,256  7,207,333  7,192,234  7,315,673  7,103,904 
Other Income 52,989  106,045  162,114  11,390  9,825  15,971 
Total Expenditure 6,797,458  6,501,329  7,119,118  6,721,057  6,640,467  6,508,516 
Interest 78,574  83,169  90,924  89,103  68,366  77,864 
Gross Profit / (Loss) (82,079) 18,803  159,405  393,464  616,665  533,495 
Depreciation 131,203  130,788  134,853  140,471  135,799  123,625 
Profit / (Loss) before (213,282) (111,985) 24,552  252,993  480,866  409,870 
Tax
Excise Duty under -- -- -- -- -- 140,137 
KVSS
Provision for Taxation (2,031) (6,114) 1,879  97,000  176,301  27,167 
Provision for Deferred 49,250  (31,768) (17,122) -- -- -- 
Tax
Net Profit / (Loss) (260,501) (74,103) 39,795  155,993  304,565  242,566 
Paid-up Equity Share 514,221  514,221  514,221  514,221  514,220  514,217 
Capital
Reserves excluding 1,141,964  1,402,465  1,476,568  1,474,980  1,403,986  1,193,517 
Revaluation Reserves
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