Unaudited Financial Results For The Quarter Ended June 30, 2003

1. Net Sales/Income from Operations
2. Other Income
Net Income (1+2)

3. Total Expenditure:
a) Increase/Decrease in stock in trade
b) Consumption of Raw Materials
c) Staff Cost
d) Other expenditure

4. Interest (Net)

5. Depreciation

6. Profit before tax
(1+2-3-4-5)

7. Provision for Taxation
- Current
- Deferred
8. Net Profit (6-7)

9. Paid-up Equity Share Capital
(Ordinary share of Rs.5/- each)

10. Reserves excluding Revaluation Reserve

11. Earning per share (Basic & Diluted)

965.07
13.42
978.49

764.94
9.32
437.13
89.64
228.85

13.46

55.73

144.36



43.19
1.15
100.02

156.59


--

3.19

725.88
10.34
736.22

617.11
21.01
359.43
74.65
162.02

23.73

48.20

47.18



10.04
2.60
34.54

156.59


--

1.10

3334.34
79.34
3413.68

2704.18
19.00
1599.87
320.81
764.50

65.46

231.36

412.68



116.89
5.92
289.87

156.59


903.38

9.26

1. Segment Revenue
a) Automotive
b) Non-Automotive
c. Unallocated
Total
Less: Inter-segment Revenue
Net Sales/Income from operations

2. Segment Result
a) Automotive
b) Non-automotive
Total
Less: I) interest (net)
II) Other Unallocable expenditure (Net of unallocable income)
Total profit before Tax

3. Capital employed
a) Automotive
b) Non-Automotive
c) Others (including investments)
Total Capital Employed

906.54
71.21
2.28
980.03
1.54
978.49


145.15
13.66
158.81
13.46
0.99
144.36


1766.20
90.99
76.57
1933.76

682.11
54.24
--
736.35
0.13
736.22


64.37
6.54
70.91
23.73
--
47.18


1798.15
31.47
208.79
2038.41

3131.49
269.92
18.72
3420.13
6.45
3413.68


434.05
30.03
464.08
65.46
(14.06)
412.68


1682.70
108.37
87.24
1878.31