SCHEDULE - 10 - STATEMENT OF PROFITS AND LOSSES - SEBI (Disclosure and Investor Protection Guidelines) 2000

SCHEDULE X [ 1 (Clause 6.10.2.7(b)(v))] STATEMENT OF PROFITS AND LOSSES Year ended March 31, 1991 1992 1993 1994 1995 (Rupees In Lacs) Income Sales : Of products manufactured by the Company 1000 1240 1640 1800 1800 Of products traded in by the Company 100 60 60 200 200 Total 1100 1300 1700 2000 2000 Other income 10 30 40 60 100 Increase (Decrease) in Inventories 40 (70) 60 180 310 1150 1260 1800 2240 2410 Expenditure Raw Materials consumed 400 480 630 1110 1200 Staff Costs 200 220 240 340 400 Other manufacturing expenses 250 260 280 540 650 Administration Expenses 40 42 60 80 85 Selling and Distribution Expenses 110 120 130 190 250 Interest 60 55 90 200 140 1095 1227 1495 2635 2795 Net Profit before tax and extraordinary items 55 33 305 (295) (385) Taxation 25 12 144 (185) (235) Net Profit before Extraordinary Items 30 21 161 (110) (150) Extra-ordinary items (net of tax) - 49 (64) 800 1000 Net Profit after Extraordinary Items 30 70 97 700 850 ******* 1 Substituted vide SEBI Circular No. SEBI/CFD/DIL/DIP/14/2005/25/1 dated January 25, 2005 for Clause 6.18.7(iv)(b)