Total Income for the year registered a growth of 4.43% and amounted to
Rs.1052.40 crores (Rs. 1007.75 crore), while Profit before depreciation, interest and tax for the year stood at Rs. 137.04  crores (Rs. 139.89 crore).

After taking into account extra-ordinary income (from sale of brands) of Rs. 10.00 crores and providing interest of Rs.42.39 crores (Rs.41.68 crore), depreciation of
Rs.15.81 crores (Rs.14.78 crore) and provision for taxation (including deferred tax and adjustment of previous years) of Rs.20.33 crore (Rs.15.12 crore), the Net Profit for the year stood at Rs.68.51 crores ( Rs.68.31 crore).

The Company has strong fundamentals and as at 31^st March, 2002, Reserves and Surplus stood at Rs.340.69 crore on an equity base of Rs.20.67 crore.

In spite of  the downtime and consequent loss of production due to manufacturing facilities taken up for restructuring, the Company was able to surpass its previous year’s performance. The Company's restructuring and expansion programme is progressing as per schedule.

The Board of Directors has recommended a dividend of 30% for the year, subject to the approval of the shareholders at the AGM.