Equity Analysis

Particulars(INCOME)	Mar 2000 ( Cr)	Mar 1999 ( Cr)	Mar 1998 ( Cr)
Sales Turnover	16.22	16.64	15.97
Excise Duty	1.40	1.36	1.25
Net Sales	14.82	15.28	14.72
Other Income	0.06	0.04	0.25
Stock Adjustments	-0.40	-0.55	0.02
Total Income	14.48	14.77	14.99
EXPENDITURE :
Raw Materials	5.72	6.33	5.92
Power & Fuel Cost	0.00	2.91	2.73
Employee Cost	1.45	1.22	0.97
Other Manufacturing Expenses	3.66	0.95	0.82
Selling & Administrative Expenses	1.66	1.68	1.60
Miscellaneous Expenses	0.00	0.32	0.20
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00
Total Expenditure	12.49	13.41	12.24
Operating Profit	1.99	1.36	2.75
Interest	2.09	2.90	1.43
Gross Profit	-0.10	-1.54	1.32
Depreciation	0.82	0.84	0.89
Profit Before Tax	-0.92	-2.38	0.43
Tax	0.00	0.00	0.06
Fringe Benefit tax	0.00	0.00	0.00
Deferred Tax	0.00	0.00	0.00
Reported Net Profit	-0.92	-2.38	0.37
Extraordinary Items	0.00	-0.05	-0.02
Adjusted Net Profit	-0.92	-2.33	0.39
Adjustment below Net Profit	0.00	-0.07	-0.05
P & L Balance brought forward	-0.33	2.12	1.80
Statutory Appropriations	0.00	0.00	0.00
Appropriations	0.00	0.00	0.00
P & L Balance carried down	-1.25	-0.33	2.12
Dividend	0.00	0.00	0.00
Preference Dividend	0.00	0.00	0.00
Equity Dividend %	0.00	0.00	0.00
Dividend Per Share(Rs)	0.00	0.00	0.00
Earnings Per Share-Unit Curr	0.00	0.00	1.28
Earnings Per Share(Adj)-Unit Curr	0.00	0.00	1.28
Book Value-Unit Curr	27.10	30.28	38.72
Book Value(Adj)-Unit Curr	27.10	30.28	38.72