Net Sales includes

Export Sales Rs 1191.163 million
Local Sales Rs 365.603 million

1. The above results were taken on record by the Board at their meeting held on April 30, 2005.

2. The figures for the previous period have been regrouped and reclassified to confirm the classification of the current period wherever necessary.

3. The Company operates in a single Pharmaceutical Segment and hence Accounting Standard 17 on Segment Reporting is not applicable.

4. The limited review of the above financial results of the company for the quarter and year ended March 31, 2005 has been completed by the Statutory Auditors of the Company.

Manoj T Jain
Deputy Managing Director