Particulars	Schedule		2009-10	2008-09
Particulars	Schedule	in Million	in Million	in Million
Income:
Sales and Operating Income	11	27,893.52		22,652.60
Less: Excise Duty / Service Tax Recovered		(664.41)		(863.15)
			27,229.11	21,789.45
Other Income	12		247.42	169.67
Increase / (Decrease) in Stock	13		1,037.18	17.55
			28,513.71	21,976.67
Expenditure:
Cost of Materials Consumed, Purchases etc.	14		16,905.38	12,897.94
Manufacturing Expenses	15		2,209.96	1,536.93
Payments to and Provisions for employees	16		1,036.56	809.59
Selling & Distribution Expenses	17		1,744.70	1,446.58
Administrative Expenses & Other Expenses	18		681.16	537.18
Difference in Foreign Exchange Rate (Net)			(711.08)	777.22
			21,866.68	18,005.44
Operating Profit:			6,647.03	3,971.23
Less: Interest & Finance Charges	19		1,942.97	1,610.64

Proﬁt before Depreciation, Extra Ordinary Items & Prior Year Expenses			4,704.06	2,360.59
Less: Amounts Written Off and Provisions	20		95.57	45.92
Less: Depreciation / Amortisation			685.92	472.85
Proﬁt for the year before Taxation			3,922.57	1,841.82
Less: Deferred Tax(Ref. Note No.12 of Sch. 22: Part B.)			(317.12)	(615.12)
Less : Provision for Current Tax			(670.39)	(205.86)
Add: MAT Credit Entitlement/(Utilised)			(231.61)	205.86
Less : Provision for Wealth Tax			(0.22)	(0.05)
Less : Provision for Fringe Benefit Tax			-	(20.70)
Proﬁt for the year before Prior Period Expenses			2,703.23	1,205.95
Less: Prior Period Items - Income / (Expenses) - Net	21		9.21	(4.17)
Profit for the Year			2,712.44	1,201.78
Balance in Proﬁt & Loss Account brought forward			2,850.90	2,462.63
Balance available for Appropriation			5,563.34	3,664.41

Appropriation
Transferred to General Reserve			(271.20)	(120.20)
Transferred to Capital Redemption Reserve			(425.39)	(436.80)
Proposed Preference Dividend for the year			(13.54)	(30.96
Provision for Dividend Tax on Preference Dividend for the year			(2.30)	(5.26)
Proposed Equity Dividend [including differential dividend of prev. year]			(343.32)	(188.29)
Provision for Dividend Tax on Equity Dividend			(58.35)	(32.00)
Balance carried to Balance Sheet			(4,449.24)	(2,850.90)
			(5,563.34)	(3,664.41)
Earnings Per Share (Face value of 10/-each) (Ref.Note No.10 of Sch.22: Part B)
Basic EPS ( )			35.84	16.12
Diluted EPS ( )			35.77	16.03
Notes forming part of the Accounts	22

Signatures to the Schedule 1 to 22 As per our report of even date. For DALAL & SHAH Firm Registration No: 102021 W Chartered Accountants	For and on behalf of the Board of Directors
Sd/-	Sd/-	Sd/-	Sd/-
Shishir Dalal Partner (Membership No: 37310) Mumbai, 9th August 2010	A.V. Ghodgaonkar Company Secretary	Anil B. Jain Managing Director Jalgaon, 9th August 2010	A.R. Barwe Director
Schedules Forming Part of the Profit and Loss