Segment-wise Revenue, Results and Capital employed
(Rs. in crores)
Sl No Particulars Half year ended 30th Sep Quarter ended 31st December Nine Months ended 31st December Year ended 31st March  
    2008 2007 2008 2007 2008 2007 2008 2007
    Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Audited  
1 Segment Revenue (Net Sales/Income)                
                   
a) Iron and Steel  5,987.51        1,101.51     1,941.73     7,089.02    5,780.63         8,059.64  7,486.57
b) Landed Property           -                   -          224.50               -         224.50           224.50           -  
c) Others           -                   -                 -                 -                -                    -             -  
  Total  5,987.51        1,101.51     2,166.23     7,089.02    6,005.13         8,284.14  7,486.57
  Less: Inter Segment revenue           -                   -                 -                 -                -                    -             -  
  Net sale/Income from Operations  5,987.51        1,101.51     2,166.23     7,089.02    6,005.13         8,284.14  7,486.57
                   
2 Segment Results                
  Profit/(Loss) before Interest & Tax                
a) Iron and Steel     897.56          (888.11)          79.53           9.45       433.05           842.83     995.59
b) Landed Property        4.95                 -          119.50           4.95       119.50           119.50        4.95
c) Others           -                   -                 -                 -                -                    -             -  
  Total     902.51          (888.11)        199.03          14.40       552.55           962.33  1,000.54
  Less:                
  i) Interest & Finance charges (net)     888.76            84.24        249.80        972.99       514.28           838.75     990.97
  ii) Other unallocable expenditure net of unallocable income        8.07              3.58           2.04          11.65          1.49               7.96        6.92
  Total Profit/(Loss) before Tax        5.68          (975.93)         (52.81)       (970.24)         36.78           115.62        2.65
                   
3 Capital Employed                
a) Iron and Steel  9,097.89        8,029.26     9,733.32     8,029.26    9,733.32         9,080.53  9,655.84
b) Landed Property     219.50           219.50        224.50        219.50       224.50           214.55     100.05
c) Others           -                   -                 -                 -                -         410.38
  Total  9,317.39        8,248.76     9,957.82     8,248.76    9,957.82         9,295.08 ########
Notes: a) The segment report has been prepared in accordance with the Accounting Standard 17 "Segment Reporting" issued by The Institute of Chartered Accountants of India.
b) For the purpose of reporting, business segment is considered as primary segment, which comprises of the following:
     i) Steel: Consists of Manufacture and sale of Iron and steel products
    ii) Landed Property: Consists of commercial development of a property for sale
                                                                                  For and on behalf of the Board
Exceptional Items (Refer Note 2 below)
Place:  Mumbai                                                                                                         Anil Sureka
Dated: 30th January, 2009                                                              Executive Director (Finance)