BALANCE SHEET As at 31st March, 2012 (All amounts in Rs.

Crores, unless otherwise stated) As at As at Note 31st March, 2012 31st March, 2011 EQUITY AND LIABILITIES Shareholders' funds Share capital Reserves and surplus Non-current liabilities Other long term liabilities Long-term provisions Current Liabilities Trade payables Other current liabilities Short-term provisions Total

3 4 5 6 7 9 10

216.15 3,296.78 329.69 666.95 4,622.96 546.77 1,278.97 10,958.27

215.95 2,443.57 219.20 663.87 5,009.05 554.59 1,056.43 10,162.66

ASSETS Non-current assets Fixed Assets Tangible assets 12 Intangible assets 13 Capital work-in-progress Intangible assets under development Non-current investments 14 Deferred tax assets (net) 15 Long-term loans and advances 16 Current Assets Current investments 17 Inventories 18 Trade receivables 19 Cash and bank balances 20 Short-term loans and advances 21 Other current assets 22 Total Summary of significant accounting policies 2 Contingent Liabilities, capital and other commitments 23,24 The accompanying notes are an integral part of these financial statements As per our report of even date For Lovelock & Lewes Firm Registration No. 301056E Chartered Accountants Pradip Kanakia Partner Membership No. 39985

2,117.53 29.94 205.13 10.32 186.31 214.24 396.18 2,251.90 2,516.65 678.99 1,830.04 485.79 35.25 10,958.27

2,133.58 35.52 216.59 72.17 120.58 209.66 400.31 1,140.09 2,810.77 943.21 1,628.47 416.35 35.36 10,162.66

For and on behalf of Board of Directors Nitin Paranjpe Managing Director and CEO Sridhar Ramamurthy Executive Director (Finance & IT) and CFO Dev Bajpai Executive Director Legal and Company Secretary

Aditya Narayan Chairman - Audit Committee

Vivek Subramanian Group Controller Mumbai : 1st May, 2012 Mumbai : 1st May, 2012