31st March Rs.’000s	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
OPERATING RESULTS
Group revenue	41,805,343	32,855,021	29,462,674	23,232,371	22,284,764	16,784,203	11,777,320	11,821,849	10,461,949	9,453,237
EBIT	8,196,803	6,109,275	4,835,800	3,554,938	3,441,746	2,183,333	1,206,287	1,527,182	1,696,337	1,317,700
Finance expenses	(1,618,255)	(1,314,490)	(525,339)	(403,903)	(457,708)	(329,478)	(323,732)	(221,806)	(246,241)	(142,925)
Share of results of associates	2,242,713	1,700,992	957,958	832,856	703,378	451,015	321,753	265,750	152,604	131,844
Profit before tax	6,578,548	4,794,785	4,310,461	3,151,035	2,376,191	1,808,855	882,555	1,305,376	1,450,096	1,174,775
Tax expense	(1,054,742)	(851,563)	(818,841)	(645,517)	(285,581)	(315,837)	(290,208)	(304,262)	(285,375)	(274,191)
Profit after tax	5,523,806	3,943,222	3,491,620	2,505,518	2,090,610	1,493,018	592,347	1,001,114	1,164,721	900,584
Extra-ordinary item			-	185,427	-	-	-	-	-	-
Profit for the year	5,523,806	3,943,222	3,491,620	2,690,945	2,090,610	1,493,018	592,347	1,001,114	1,164,721	900,584
Attributable to:
Minority interest	405,562	408,548	441,480	413,692	201,685	169,593	48,966	221,428	246,778	176,576
Equity holders of the parent	5,118,244	3,534,674	3,050,140	2,277,253	1,888,925	1,323,425	543,381	779,686	917,943	724,008
	5,523,806	3,943,222	3,491,620	2,690,945	2,090,610	1,493,018	592,347	1,001,114	1,164,721	900,584
CAPITAL EMPLOYED
Stated capital	22,464,267	22,245,894	9,205,277	9,095,136	9,004,501	2,793,623	2,690,739	2,619,983	2,619,108	2,574,106
Capital reserves	6,065,251	3,137,392	2,814,989	2,115,481	1,892,398	1,937,943	1,631,936	1,787,526	1,570,605	1,586,292
Revenue reserves	15,688,302	13,851,913	10,780,840	7,461,581	6,330,723	5,082,482	3,961,474	3,772,915	3,351,356	2,629,585
	44,217,820	39,235,199	22,801,106	18,672,198	17,227,622	9,814,048	8,284,149	8,180,424	7,541,069	6,789,983
Minority interest	4,774,044	3,700,313	3,633,759	3,715,890	4,939,611	2,061,439	1,801,799	1,959,408	2,058,045	1,961,806
Total equity	48,991,864	42,935,512	26,434,865	22,388,088	22,167,233	11,875,487	10,085,948	10,139,832	9,599,114	8,751,789
Total debt	12,666,924	15,362,518	5,327,263	9,104,658	4,055,555	4,120,606	3,568,460	2,587,777	2,266,597	1,891,989
	61,658,788	58,298,030	31,762,128	31,492,746	26,222,788	15,996,093	13,654,408	12,727,609	11,865,711	10,643,778
ASSETS EMPLOYED
Property, plant and equipment	29,172,301	20,403,696	19,143,724	20,017,707	18,824,542	10,172,219	8,928,274	9,135,100	3,962,923	4,107,527
Other non-current assets	19,181,800	17,783,445	8,903,699	6,093,532	3,717,326	3,797,260	2,972,882	2,203,266	6,602,139	5,121,637
Current assets	23,439,910	27,759,308	11,478,005	13,588,612	9,797,444	6,134,068	9,242,458	8,304,191	7,993,422	7,491,176
Liabilities net of debt	(10,135,223)	(7,648,419)	(7,763,300)	(8,207,105)	(6,116,524)	(4,107,454)	(7,489,206)	(6,914,948)	(6,692,773)	(6,076,562)
	61,658,788	58,298,030	31,762,128	31,492,746	26,222,788	15,996,093	13,654,408	12,727,609	11,865,71110,643,778
CASH FLOW
Cash flows from
operating activities	6,913,873	2,522,535	2,664,316	4,619,654	3,138,269	1,891,398	1,148,559	1,638,322	2,154,065	1,779,377
Cash flows from / (used in)
investing activities	(4,358,524)	(10,088,254)	(2,847,880)	(4,482,420)	(6,745,616)	(2,002,460)	(1,000,606)	(1,261,461)	(1,848,091)	(1,454,607)
Cashflows from / (used in)
financing activities	(6,261,924)	18,421,653	(1,027,361)	271,430	5,414,227	(31,311)	(330,360)	(644,611)	518,189	(94,505)
Net increase / (decrease) in
cash and cash equivalents	(3,706,575)	10,855,934	(1,210,925)	408,664	1,806,880	(142,373)	(182,407)	(267,750)	824,163	230,265
KEY INDICATORS
Basic earnings per share (Rs.)	8.1	6.1	5.3	4.0	3.5	2.6	1.1	1.5	1.8	1.4
Interest cover (no. of times)	5.1	4.6	9.2	8.8	6.2	6.5	3.7	6.9	6.9	9.2
Net assets per share (Rs.) *	69.6	68.1	40.0	27.4	31.6	18.9	16.2	16.1	14.8	13.2
Enterprise value (Rs. ’000’s)	76,180,588	95,961,715	64,389,111	46,559,017	33,578,080	15,841,225	9,968,310	4,424,421	5,511,554	5,454,801
EV / EBITDA	7.8	13.0	10.7	10.0	9.1	5.5	5.1	2.0	2.5	3.1
Debt / equity ratio (%)	25.9	35.8	20.2	27.8	18.3	34.7	35.4	26.1	23.8	21.9
Net dividend payout	3,176,302	1,412,306	1,197,481	1,075,253	725,783	342,203	329,869	353,128	168,150	151,343
Current ratio (no. of times)	1.8	1.9	1.4	1.2	1.6	1.2	1.1	1.1	1.2	1.2
Market price per share (Rs.) * (error in print version corrected)	119.8	155.0	113.40	81.20	60.50	29.30	24.00	13.90	16.40	16.60
Bonus issues (ratio)	-	1:7	-	1:5	1:4&1:10	-	-	2:1	1:4&1:5	-
Rights issues (ratio)	-	1:5	-	-	1:7	-	-	-	-	-
Rights price (Rs.)	-	140.00	-	-	7.5	-	-	-	-	-