1.01 Basis of accounting and preparation of financial statements
 
 The financial statements of the Company have been prepared in
 accordance with the Generally Accepted Accounting Principles in India
 (Indian GAAP) to comply with the Accounting Standards notified under
 the Companies (Accounting Standards) Rules, 2006 (as amended) and the
 relevant provisions of the Companies Act, 1956. The financial
 statements have been prepared on accrual basis under the historical
 cost convention. The accounting policies adopted in the preparation of
 the financial statements are consistent with those followed in the
 previous year.
 
 1.02 Use of estimates
 
 The preparation of the financial statements in conformity with Indian
 GAAP requires the Management to make estimates and assumptions
 considered in the reported amounts of assets and liabilities (including
 contingent liabilities) and the reported income and expenses during the
 year. The Management believes that the estimates used in preparation of
 the financial statements are prudent and reasonable. Future results
 could differ due to these estimates and the differences between the
 actual results and the estimates are recognised in the periods in which
 the results are known / materialise.
 
 1.03 Revenue Recognition
 
 Sale of products are recognised when risk and rewards of ownership of
 the products are passed on to the customers, which is generally on the
 dispatch of goods. Sales excludes trade discounts and rebate. Sales
 include excise duty but exclude sales tax and value added tax. License
 fee is accounted based on terms of the contract. Interest income is
 accounted on accrual basis.
 
 1.04 Tangible fixed assets and depreciation / amortization
 
 Fixed assets are stated at cost of acquisition less accumulated
 depreciation and impairment losses, if any. Cost of fixed assets is
 inclusive of freight, duties, taxes and other directly attributable
 costs incurred to bring the assets to their working condition for
 intended use.
 
 Projects under which assets are not ready for their intended use and
 other capital work-in-progress are carried at cost, comprising direct
 cost, related incidental expenses and attributable interest in respect
 of qualifying assets.
 
 Depreciation is charged using straight-line method based on the useful
 lives of the fixed assets as estimated by the management as specified
 below, or the rates specified in accordance with the provisions of
 Schedule XIV of the Companies Act, 1956, whichever is higher.
 
 Depreciation is charged on a pro-rata basis for assets purchased / sold
 during the year. Individual fixed assets costing less than Rs.5 000 are
 depreciated in full, in the year of purchase. Accelerated depreciation
 is charged on certain assets based on periodic review of useful life.
 
 1.05 Impairment of Assets
 
 The carrying values of assets / cash generating units at each Balance
 Sheet date are reviewed for impairment. If any indication of impairment
 exists, the recoverable amount of such assets is estimated and
 impairment is recognised, if the carrying amount of these assets
 exceeds their recoverable amount. The recoverable amount is the greater
 of the net selling price and their value in use. Value in use is
 arrived at by discounting the future cash flows to their present value
 based on an appropriate discount factor. When there is indication that
 an impairment loss recognised for an asset in earlier accounting
 periods no longer exists or may have decreased, such reversal of
 impairment loss is recognised in the Statement of Profit and Loss,
 except in case of revalued assets.
 
 1.06 Inventories
 
 Inventories consist of raw and packing materials, stores and spares,
 work in progress and finished goods. Inventories are valued at lower of
 cost and net realisable value after providing for obsolescence and
 other losses where considered necessary. Cost of Inventories is
 determined on weighted average basis. Cost of manufactured finished
 goods and work-in-progress includes material cost determined on
 weighted average basis and also includes an appropriate portion of
 allocable overheads.
 
 1.07 Foreign Exchange Transactions
 
 Transactions in foreign currencies are recorded at the exchange rates
 prevailing on the date of transaction or at rates that closely
 approximate the rate at the date of the transaction. Monetary items in
 foreign currencies are stated at the closing exchange rates.  In the
 case of monetary items covered by forward exchange contracts, the
 premium or discount arising at the inception of such a forward exchange
 contract is amortised as expense or income over the life of the
 contract and the difference between the year end rate and rate on the
 date of the contract is recognised as exchange difference in the
 Statement of Profit and Loss. Gains / Losses on conversion /
 translation have been recognised in the Statement of Profit and Loss.
 
 1.08 Employee benefits
 
 (i) Post-employment Benefits
 
 (a) Defined Contribution Plans:
 
 The Company has Defined Contribution Plans for post employment
 benefits, charged to Statement of Profit and Loss, in the form of:
 
 - Provident Fund administered by the Regional Provident Fund
 Commissioner;
 
 - Superannuation Fund as per Company policy administered by Company
 managed trust and
 
 - State Defined Contribution Plans : Employer''s Contribution to
 Employees'' State Insurance.
 
 (b) Defined Benefit Plans:
 
 Funded Plan : The Company has Defined Benefit Plan for post employment
 benefits in the form of:
 
 - Gratuity for all employees administered through trust.
 
 Unfunded Plan: The Company has unfunded Defined Benefit Plans in the
 form of:
 
 - Post Retirement Medical Benefits (PRMB) as per its policy.
 
 Liability for the above defined benefit plans is provided on the basis
 of valuation, as at the Balance Sheet date, carried out by independent
 actuary. The actuarial method used for measuring the liability is the
 Projected Unit Credit method.
 
 (ii) Liability for Compensated Absences and Leave Travel Allowance
 which are in the nature of short term benefits is provided for as per
 company rules on an accrual basis.
 
 (iii) Termination benefits and long service awards in terms of Company
 policy are recognized as an expense as and when incurred.
 
 (iv) The Actuarial gains and losses arising during the year are
 recognized in Statement of Profit and Loss for the year.
 
 (v) The Procter and Gamble Company, USA has an International Stock
 Ownership Plan (ISOP) (employee share purchase plan) whereby
 specified employees of its subsidiaries have been given a right to
 purchase shares of the Parent Company i.e. The Procter and Gamble
 Company, USA. Every employee who opts for the scheme contributes by way
 of payroll deduction up to a specified percentage (upto 15%) of base
 salary towards purchase of shares on a monthly basis. The Company
 contributes 50% of employee''s contribution (restricted to 2.5% of his
 base salary).
 
 (vi) The Procter & Gamble Company, USA has a Employee Stock Option
 Plan (ESOP) whereby specified employees covered by the plan are
 granted an option to purchase shares of the ultimate holding company
 i.e. — The Procter & Gamble Company, USA at a fixed price (grant
 price) for a fixed period of time. The difference between the market
 price and grant price on the exercise of the stock options issued by
 the Ultimate Holding Company to the employees of the Company is charged
 in the year of exercise by the employees.
 
 1.09 Research and Development
 
 Capital expenditure on Research and Development is capitalized as Fixed
 Assets. All revenue expenditure on Research and Development is charged
 off to the respective heads in Statement of Profit and Loss in the year
 in which it is incurred.
 
 1.10 Taxes on Income
 
 Income-tax expense comprises current tax (i.e. amount of tax for the
 year determined in accordance with the Income — tax laws) and
 deferred tax charge or credit (reflecting the tax effect of timing
 differences between accounting income and taxable income for the year).
 Provision for taxation for the Company''s financial year ended on June
 30, 2012 is based on the results of the 9 months ended March 31, 2012
 (Assessment year 2012-13) and for the 3 months ended June 30, 2012
 (Assessment year 2013-14) as per the provisions of Income Tax Act,
 1961. The deferred tax charge or credit and the corresponding deferred
 tax liabilities and /or assets are recognised using the tax rates that
 have been enacted or substantively enacted by the Balance Sheet date.
 Deferred tax assets are recognized only to the extent there is
 reasonable certainty that the assets can be realised in future.
 
 However, where there is unabsorbed depreciation or carry forward losses
 under taxation laws, deferred tax assets are recognized only if there
 is virtual certainty of realisation of such assets. Deferred tax assets
 are reviewed as at each Balance Sheet date and are written down or
 written up to reflect the amount that is reasonably / virtually certain
 (as the case may be) to be realised.
 
 Minimum Alternate Tax (MAT) paid in accordance with the tax laws, which
 gives future economic benefits in the form of adjustment to future
 income tax liability, is considered as an asset if there is convincing
 evidence that the Company will pay normal income tax.  Accordingly, MAT
 is recognised as an asset in the Balance Sheet when it is probable that
 future economic benefit associated with it will flow to the Company.
 
 Deferred tax is recognised on timing differences, being the differences
 between the taxable income and the accounting income that originate in
 one period and are capable of reversal in one or more subsequent
 periods. Deferred tax is measured using the tax rates and the tax laws
 enacted or substantially enacted as at the reporting date. Deferred tax
 liabilities are recognised for all timing differences.  Deferred tax
 assets in respect of unabsorbed depreciation and carry forward of
 losses are recognised only if there is virtual certainty that there
 will be sufficient future taxable income available to realise such
 assets. Deferred tax assets are recognised for timing differences of
 other items only to the extent that reasonable certainty exists that
 sufficient future taxable income will be available against which these
 can be realised. Deferred tax assets and liabilities are offset if such
 items relate to taxes on income levied by the same governing tax laws
 and the Company has a legally enforceable right for such set off.
 Deferred tax assets are reviewed at each Balance Sheet date for their
 realisability.
 
 1.11 Borrowing cost
 
 Borrowing costs directly attributable to acquisition or construction of
 qualifying assets (i.e. those fixed assets which necessarily take a
 substantial period of time to get ready for their intended use) are
 capitalised. Other borrowing costs are recognised as an expense in the
 period in which they are incurred.
 
 1.12 Leases
 
 Assets taken on lease under which all risks and rewards of ownership
 are effectively retained by the lessor are classified as operating
 lease. Lease payments under operating leases are recognised in the
 Statement of Profit and Loss on a straight line basis in accordance
 with the respective lease agreements.
 
 1.13 Provisions, Contingent Liabilities and Contingent Assets
 
 A provision is recognised when the Company has a present obligation as
 a result of past events and it is probable that an outflow of resources
 will be required to settle the obligation in respect of which a
 reliable estimate can be made. Provisions are determined based on the
 best estimate required to settle the obligation at the Balance Sheet
 date. These are reviewed at each Balance Sheet date and adjusted to
 reflect the current best estimates. Contingent liabilities are
 disclosed in the Notes. Contingent liabilities are disclosed for (1)
 possible obligations which will be confirmed only by future events not
 wholly within the control of the Company or (2) present obligations
 arising from past events where it is not probable that an outflow of
 resources will be required to settle the obligation or a reliable
 estimate of the amount of the obligation cannot be made. Contingent
 assets are not recognised in the financial statements as this may
 result in the recognition of income that may never be there.
 
 1.14 Earnings Per Share
 
 Basic earnings per share is computed by dividing the profit / (loss)
 after tax (including the post tax effect of extraordinary items, if
 any) by the weighted average number of equity shares outstanding during
 the year. Diluted earnings per share is computed by dividing the profit
 / (loss) after tax (including the post tax effect of extraordinary
 items, if any) as adjusted for dividend, interest and other charges to
 expense or income relating to the dilutive potential equity shares, by
 the weighted average number of equity shares considered for deriving
 basic earnings per share and the weighted average number of equity
 shares which could have been issued on the conversion of all dilutive
 potential equity shares. Potential equity shares are deemed to be
 dilutive only if their conversion to equity shares would decrease the
 net profit per share from continuing ordinary operations. Potential
 dilutive equity shares are deemed to be converted as at the beginning
 of the period, unless they have been issued at a later date. The
 dilutive potential equity shares are adjusted for the proceeds
 receivable had the shares been actually issued at fair value (i.e.
 average market value of the outstanding shares). Dilutive potential
 equity shares are determined independently for each period presented.
 The number of equity shares and potentially dilutive equity shares are
 adjusted for share splits /reverse share splits and bonus shares, as
 appropriate.
 
 1.15 Insurance claims
 
 Insurance claims are accounted for on the basis of claims admitted
 /expected to be admitted and to the extent that there is no uncertainty
 in receiving the claims.