1. The company has segmented its business activities in three parts i.e. Chemicals (Alumina) Aluminium and Electricity in accordance with Accounting Standard 17 issued by the ICAI. For computation of Segment Revenue and Segment Results, inter segment transfers of Alumina and Electricity are considered at a price calculated based on average export sales realisation during the period less freight and at average sales price to state grid, respectively.

2. Unallocated common Assets/Liabilities include investment of fund in bank deposits and Mutual funds of Rs 3,750 crore (previous year Rs 3,591 crore) and Capital Works-in-progress of Rs 2,867 crore (previous year Rs 2,335 crore).

3. The Board of directors have recommended for payment of total dividend @ 50 % (including 35% interim dividend already paid) on the paid up equity share capital of the company.

4. Employee cost includes Rs 123 crore (previous year Rs 81 crore) on account of provision made towards revision of pay during the year.

5. Figures pertaining to previous periods have been re-grouped / recast wherever necessary.

6. Above Financial Results have been examined by Audit Committee and taken on record by Board of Directors in their meeting held on June 03, 2009. The results have also been subjected to audit by the Statutory Auditors.

B L Bagra
Director (Finance)