(Rs. in lacs)

Particulars	STANDALONE (AUDITED)		CONSOLIDATED (AUDITED)
	Year ended 31.03.2011	Year ended 31.03.2010	Year ended 31.03.2011	Year ended 31.03.2010
a. Net Sales / Income from Operations	182,013	205,749	261,083	245,185
b. Other Operating Income	5,275	20,320	7,210	28,044
Net Sales / Income from Operations	187,288	226,069	268,293	273,229
Expenditure
a. (Increase)/Decrease in stock in trade and work in progress	(2,870)	(1,306)	(6,963)	(6,236)
b. Consumption of raw materials	106,097	94,772	184,678	147,415
c. Purchase of traded goods/ rights	3,232	8,671	5,346	6,680
d. Employees cost	18,934	20,280	25,188	27,857
e. Depreciation/Amortisation	38,558	49,189	53,536	56,454
f. Other expenditure	47,892	45,226	58,973	60,238
g. Total	211,843	216,832	320,758	292,408
Profit / (Loss) from Operations before other Income Interest and Exceptional Items	(24,555)	9,237	(52,465)	(19,179)
Other Income	3,824	2,649	3,515	2,795
Profit / (Loss) before Interest and Exceptional Items (3+4)	(20,731)	11,886	(48,950)	(16,384)
Interest	18,998	17,154	26,668	25,504
Profit / (Loss) after Interest but before Exceptional Items (5-6)	(39,729)	(5,268)	(75,618)	(41,888)
Exceptional items	(343)	882	(9,242)	1,808
Profit / (Loss) from ordinary activities before tax (7+8)	(40,072)	(4,386)	(84,860)	(40,080)
Tax expense (represents excess provision written back of earlier years)	-	(765)	1	(714)
Net Profit / (Loss) from Ordinary Activities after tax (9-10)	(40,072)	(3,621)	(84,861)	(39,366)
Extraordinary Item (net of tax expense)	-	-	-	-
Net Profit / (Loss) for the year (11-12)	(40,072)	(3,621)	(84,861)	(39,366)
Share in Loss of Associates	-	-	(14)	(28)
Net Profit / Loss for the year (13-14-15)	(40,072)	(3,621)	(84,875)	(39,394)
Paid-up equity share capital	16,831	16,831	16,831	16,831
(Face value:Rs.10/- per share)
Reserves excluding revaluation reserves as per balance sheet of previous accounting year	-	152,372	-	78,111
Earnings Per Share:
a) Before Extraordinary items
- Basic (Rs.)	(23.81)	(2.15)	(50.43)	(23.41)
- Diluted (Rs.)	(23.81)	(2.15)	(50.43)	(23.41)
b) After Extraordinary items			-
- Basic (Rs.)	(23.81)	(2.15)	(50.43)	(23.41)
- Diluted (Rs.)	(23.81)	(2.15)	(50.43)	(23.41)
Public shareholding
- Number of shares	140,885,963	140,885,963	140,885,963	140,885,963
- Percentage of shareholding	83.71	83.71	83.71	83.71
Promoters and promoter group shareholding
a) Pledged/Encumbered
- Number of shares	-	3,379,626	-	3,379,626
- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	-	12.33	-	12.33
- Percentage of shares (as a % of the total share capital of the company)	-	2.01	-	2.01
b) Non encumbered shares
- Number of shares	27,420,141	24,040,515	27,420,141	24,040,515
- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	100.00	87.67	100.00	87.67
- Percentage of shares (as a % of the total share capital of the company)	16.29	14.28	16.29	14.28

STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2011

Notes:

1. The Company is operating with Storage Media Products, Solar Products and Home Entertainment segments. Accordingly, Segment information has been given which is in line with the requirement of AS-17 " Segment Reporting".The Consolidated financial statement has been furnished to provide information about overall business of the Company, its subsidiaries and associates.
2. Exceptional item represents Provision for diminution, other than temporary, in the value of investment in an associate Company and investments in certain technology companies.
3. The Board of Directors have not recommended any payment of dividend for the year 2010-11.
4. The Segment-wise revenues, results and Capital Employed of the Consolidated Financials are given below :
   
   
   SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED
    
   (Rs. in Lacs)

   Particulars	Year ended 31.03.2011	Year ended 31.03.2010
   	(Audited)	(Audited)
   Segment Revenue
   (Net Sale/Income )
   a. Storage Media Products	163,310	186,203
   b. Solar Products	85,209	46,775
   c. Home Entertainment	7,330	8,592
   d. Others	28,477	63,260
   Total	284,326	304,830
   Less : Inter Segment Revenue	16,033	31,601
   Net Sales /Income From Operations	268,293	273,229
   Segment Results
   (Profit / (Loss) before tax and interest)
   a. Storage Media Products	(22,886)	(4,630)
   b. Solar Products	(19,035)	(22,492)
   c. Home Entertainment	(5,917)	(4,133)
   d. Others	97	1,004
   Total	(47,741)	(30,251)
   Less :(i) Interest expenses (net of interest/ dividend income)	26,273	25,241
   (ii) Other Un-allocable corporate expenditure/ (income) (net)	10,846	(15,412)
   Total Profit/Loss Before Tax	(84,860)	(40,080)
   Capital Employed
   (Segment assets - Segment Liabilities)
   a. Storage Media Products	232,889	282,296
   b. Solar Products	199,524	187,838
   c. Home Entertainment	376	6,654
   d. Others	67,790	35,917
   Total	500,579	512,705
   Unallocated Assets/ (Liabilities)	(411,626)	(336,210)
   Total	88,953	176,495

    
5. Figures of the previous year have been regrouped and rearranged wherever necessary.
6. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 25, 2011. The information presented above is extracted from the respective audited financial statements as stated.

For and on behalf of the Board of Directors of 
Moser Baer India Limited