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Audited
Financial Results
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Balance
Sheet as at 31st March, 2009
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2009
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2008
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Schedule
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Rs.
In Lakhs
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Rs.
In Lakhs
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Rs.
In Lakhs
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Rs.
In Lakhs
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I
Sources of Funds
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1) Shareholders'
Funds
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a) Capital
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1
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1,262.88
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1,262.88
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b) Reserves
and Surplus
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2
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4,625.68
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5,888.56
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4,550.68
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5,813.56
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2) Loan
Funds
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a) Secured
Loans
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3
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14006.31
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13061.89
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b) Unsecured
Loans
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4
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302.62
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14308.93
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341.91
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13403.80
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Total
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20197.49
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19,217.36
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II
Application of Funds
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1) Fixed
Assets
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5
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a) Gross
Block
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22209.96
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22,262.75
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b) Less
: Depreciation
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13778.07
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13,567.34
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c) Net
Block
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8431.89
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8,695.41
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d) Capital Works-in-progress
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234.87
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8666.76
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174.13
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8869.54
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2) Investments
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6
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18.71
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32.11
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3) Current Assets, Loans & Advances
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a) Inventories
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7
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1029.15
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1479.47
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b) Sundry Debtors
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8
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1107.74
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1486.93
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c) Cash and Bank Balances
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9
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56.03
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26.63
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d) Loans & Advances
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10
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1496.30
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1960.46
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3689.22
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4953.49
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Less : Current Liabilities &
Provisions
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a) Liabilities
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11
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2579.62
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2,942.12
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Net Current Assets
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1109.60
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2011.37
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4) Miscellaneous
Expenditure
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(to the extent not written off or
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adjusted)
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12
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5) Debit Balance of P/L Account
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10402.42
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8304.34
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Total
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20197.49
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19217.36
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Notes on Accounts
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17
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Significant Accounting Policies
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18
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Signed in terms of our
Report of even date
On behalf of the Board
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Profit
& Loss Account for the year ended 31st
March, 2009
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2009
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2008
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Schedule
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Rs.
In Lakhs
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Rs.
In Lakhs
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Rs.
In Lakhs
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Rs.
In Lakhs
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Income
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Sales & Other Income
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13
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3960.38
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5,474.28
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Increase/(Decrease) in Stock of
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Finished Goods
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14
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(442.27)
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(1,532.71)
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3518.11
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3,941.57
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Expenditure
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Raw Materials consumed
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15
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996.01
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1,542.20
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Manufacturing, Selling,
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Distribution and
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Administrative Expenses
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16
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2306.05
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2,872.64
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Excise
Duty
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458.36
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510.01
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Depreciation
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224.36
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228.28
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Interest :
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567.70
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On Term Loans
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562.34
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1129.84
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466.54
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Others
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345.17
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811.71
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Amount written off:
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Sundry Debit Balance
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170.62
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122.24
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Loss on Conversion of UTI units to UTI
Bonds
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_
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Bad & Doubtful Debts
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_
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Capital Issue Expenses
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170.62
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_
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122.24
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5285.24
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6,087.08
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Loss before extra ordinary item
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(1767.13)
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(2,145.51)
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Extra ordinary item-SASF Intt. Write-back
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_
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Other Extra-ordinary items
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_
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Deb. Redemption Reserve tran. To P&L
A/C.
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Profit/ (Loss) before Provision
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(1767.13)
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(2,145.51)
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Provision for Doubtful Advances
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Provision for bad and doubtful debts
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84.04
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301.59
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Provision for Fringe Benefit Tax
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2.63
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7.98
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Net Profit/ (Loss)
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(1853.80)
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(2,455.08)
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Balance as per last account
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(8304.34)
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(5,540.76)
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Adjustment of Provision for Deferred
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(175.70)
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(127.30
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Tax till 31st March '08
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Prior Period Adjustment
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(68.58)
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(181.20)
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(244.28)
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(308.50)
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Net Loss carried to Balance Sheet
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(10402.12)
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(8,304.34)
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Basic Earning/ (Loss) per share (in Rs.)
(Refer
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(14.70)
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(19.44)
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Note(x) in schedule 17)
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Notes on Accounts
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17
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Significant Accounting Policies
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18
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On behalf of
the Board
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