Particulars	Schedule	31st Mar. 2011	31st Mar. 2010
Particulars	Schedule	in Million	in Million
SOURCES OF FUNDS:
Shareholders Funds
Share Capital	1	771.45	783.44
Share Warrants	2	347.93	-
Reserves and Surplus	3	14,438.71	11,383.89
		115.558.09	12,167.33
Minority Interest		524.23	570.72
Deferred Tax Liability (Ref. Note No. 10 of Sch.22: Part B)		1,238.99	1,024.42
Loans Funds:
Secured Loans	4	24,466.57	20,507.53
Unsecured Loans	5	5,421.21	3,939.95
		29,887.78	24,447.48
	Total	47,209.09	38,209.95

APPLICATION OF FUNDS:
Fixed Assets:
Gross Block	6	26,499.18	21,600.51
L ess: Accumulated Depreciation / Amortisation		(8,044.25)	(6,667.42)
		18,454.93	14,933.09
Add: Goodwill on Consolidation		1,716.35	1,665.93
Net Block		20,171.28	16,599.02

Capital Work-in-Progress[including capital advances]	7	1,611.13	1,324.29
Investments	8	211.07	210.82
Deferred Tax Assets (Ref. Note No. 10 of Sch.22: Part B)		577.41	414.29
Current Assets, Loans & Advances	9
a) Inventories		14,864.37	10,637.51
b) Sundry Debtors		16,924.09	10,099.10
c) Cash & Bank Balances		4,143.72	5,052.59
d) Other Assets		246.16	251.54
e) Loans and Advances		4,783.74	3,631.26
		40,962.08	29.672.00
Less:
Current Liabilities & Provisions	10
a) Current Liabilities		15,603.93	9,323.18
b) Provisions		719.95	687.29
		16,323.88	10,010.47
Net Current Assets		24,638.20	19,661.53
	Total	47,209.09	38,209.95
Notes forming part of the Accounts	22
The Schedules & Notes to Accounts referred to above form an integral part of the Balace Sheet

Signatures to the Schedule 1 to 22 As per our report of even date For and on behalf of Haribhakti & Co. Firm Registration No: 103523W Chartered Accountants	For and on behalf of the Board of Directors
Sd/-	Sd/-	Sd/-	Sd/-
Prasad V. Paranjape Partner (Membership No: 47296) Mumbai, 5th August 2011	A.V. Ghodgaonkar Company Secretary	Anil B. Jain Managing Director	Ghanshyam Dass Director Jalgaon, 5th August 2011
Schedules Forming Part of the Balance Sheet