2009-10

          2008-09

Rs. In

US $ in

Rs. In

US $ In

 Millions

Millions*

 Millions

 Millions#

Gross Sales 

10957.56

244.04

10119.27

199.51

Fixed assets - Gross Block

10040.73

223.62

10064.34

198.43

Net Block

7319.14

163.01

7559.91

149.05

Export earnings

969.18

21.59

1021.20

20.13

Earnings Before Depreciation and Interest

1820.91

40.55

910.83

17.96

Interest

387.01

8.62

298.32

5.88

Earnings Before Depreciation 

1433.90

31.94

612.51

12.08

Depreciation

489.27

10.90

412.33

8.13

Earnings Before tax

944.63

21.04

200.18

3.95

Taxation

Current 

172.50

3.84

22.50

0.44

Fringe Benefit Tax

-

-

5.22

0.10

MAT Credit available for set off

63.83

1.42

(22.50)

(0.44)

Excess Provision of Income Tax Written Back

(15.50)

(0.35)

-

-

Deferred Tax

47.50

1.06

52.50

1.04

Earnings After Tax

676.30

15.06

142.46

2.81

No of Shares of Rs. 2/- each (Million Nos.)@

196.15

196.15

196.15

196.15

Earnings per share  (Rs. / us $)

3.45

0.08

0.73

0.01

Net worth ( Excl.Revaluation Reserve)

3658.13

81.47

3064.44

60.42

Book Value per share

18.65

0.42

15.62

0.31

Gross profit to sales (%)

13.09

13.09

6.05

6.05

(Earnings before Depreciation)

Interest Coverage Ratio

4.71

4.71

3.05

3.05

Debt/Equity

1.32:1

1.32:1

1.32:1

1.32:1

Current assets / Current liabilities

1.14

1.14

1.30

1.30

* 1 US $= Rs.44.90

# 1 US$= Rs.50.72