Profit & loss account (Rs mn)

Period ended 03/99 03/04 03/05 03/06

No. of months 12 12 12 12

Gross Sales 8,478.4 10,301.4 11,698.4 13,384.2

Excise Duty (235.7) (277.7) (302.9) (525.1)

Net sales 8,242.7 10,023.8 11,395.5 12,859.0

Other income 113.4 130.6 159.1 161.2

Total income 8,356.1 10,154.4 11,554.6 13,020.2

Raw materials 2,863.4 3,653.2 4,042.1 3,880.7

Stock adjustment (Inc)/ Dec (52.3) (33.7) (45.2) (114.9)

Purchase of finished goods 949.6 1,224.7 1,257.3 1,850.1

Cost of material 3,760.7 4,844.1 5,254.2 5,615.9

Employee cost 725.7 829.1 904.5 953.0

Power & fuel 107.7 123.2 161.2 152.9

Advertising/ promotion/
525.2 584.0 770.1 852.9
public

Freight & forwarding 318.5 401.0 471.5 613.8

Other expenses 2,326.9 2,632.1 2,957.8 3,519.6

Cost of sales 7,764.6 9,413.6 10,519.2 11,708.1

PBIDT 591.4 740.8 1,035.5 1,312.2

Interest & finance charges 49.2 6.3 73.2 100.9

PBDT 542.2 734.5 962.3 1,211.3

Depreciation 118.2 158.9 171.8 188.9

PBT 424.0 575.6 790.5 1,022.4

Provision for taxation 134.7 180.0 260.7 434.1

Extraordinary items/ Prior
- - (19.6) 117.1
year adj.

Adjusted PAT 289.3 395.6 510.2 705.4

Dividend payout 102.1 113.4 139.1 168.8

Forex inflow 64.4 39.6 29.4 23.5

Forex outflow 128.2 148.9 159.1 129.4

Book value of quoted

150.4 577.0 283.1 69.0
investments

Market value of quoted

165.3 630.6 320.0 88.9
investments

Contingent liabilities 167.3 405.5 207.9 592.0

RATIOS

As % of net sales

Gross sales 102.9 102.8 102.7 104.1

Excise duty (2.9) (2.8) (2.7) (4.1)

Net sales 100.0 100.0 100.0 100.0

Other income 1.4 1.3 1.4 1.3

Total income 101.4 101.3 101.4 101.3

Cost of material 45.6 48.3 46.1 43.7

Employee costs 8.8 8.3 7.9 7.4

Selling expense 10.2 9.8 10.9 11.4

Other expenses 28.2 26.3 26.0 27.4

Cost of sales 94.2 93.9 92.3 91.0

Profitability ratios (%)

PBIDT excl. other income 5.8 6.1 7.7 9.0

PBIDT 7.2 7.4 9.1 10.2

PBDT 6.6 7.3 8.4 9.4

Profit before tax 5.1 5.7 6.9 8.0

Profit after tax 3.5 3.9 4.5 5.5

Growth ratios (% you)

Net sales 13.5 21.6 13.7 12.8

PBIDT 61.0 25.3 39.8 26.7

PBT 43.8 35.8 37.3 29.3

PAT 61.8 36.8 29.0 38.3

Payout ratios (%)

Tax (% of PBT) 31.8 31.3 33.0 42.5

Dividend (% of PAT) 35.3 28.7 27.3 23.9

Sales breakup

Period ended 03/98 03/99 03/00 03/01

No. of months 12 12 12 12

Sales value(Rs mn)

Biscuits 7,248.0 8,621.6 9,783.7 11,073.0

Candy 169.8 237.4 242.3 271.4

Sales volume(unit)

Biscuits (Ton) 144,213.0 167,467.0 192,646.0 214,214.0

Candy 2,249.0 2,809.0 3,003.0 3,082.0

Unit realization (Rs/unit)

Biscuits (Ton) 50,259 51,482 50,786 51,691

Candy 75,495 84,504 80,698 88,050