Summary of Operations
	Financial Position| Balance Sheet | Profit & Loss | Unaudited Financial Results

	(Year end - 31st March) Rs. In Million)
Particulars	2008		2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Income		2330	2024	1430	1405	1258	1281	1396	1535	1340	1291	1372
Material Cost		1393	1201	646	653	564	561	602	690	527	492	531
Fuel , Power & Water		285	269	233	205	183	198	204	246	168	211	260
Excise duty		129	118	146	154	135	133	128	126	136	117	141
Personnel Cost		130	106	107	98	107	108	118	110	101	100	100
Interest		54	33	12	20	32	53	51	82	97	94	19
Depreciation		96	89	85	81	83	87	86	86	79	64	41
Other Expenses		178	147	136	133	129	121	153	152	145	124	139
Profit  before tax		65	61	65	61	25	20	54	43	87	89	130
Income Tax (Incl.Deferred Tax)		18	21	18	4	8	10	30	3	3	7	29
Net Profits		47	40	47	57	17	10	24	40	84	82	101
Dividend  (%)		12	12	12	12	10	10	15	15	20	20	25
Earning per share (Rupees)		5.72	4.85	5.77	6.96	2.05	1.29	3	5	10	10	12
Paper produced (Metric Tonnes)		28341	23765	22811	22855	19677	20234	24600	28429	23157	22460	22943