1. The Company’s main business is manufacture and sale of dry cell batteries. All other activities are incidental to main business. As such there is no separate reportable segments, as per Accounting Standard on Segment Reporting (AS 17).

2. Provision for taxation is net of deferred tax Liability Rs 96.40 lakhs and includes fringe benefit tax of Rs 3.50 lakhs.

3. A dividend of Rs 20 per share (200%) has been recommended by the Board for the year ended March 31, 2009. 

4. The above Audited Financial Results have been taken on record by the Board of Directors at its meeting held on May 29, 2009.

5. Figures regrouped wherever necessary

P Obul Reddy
Managing Director