(Rs. in lacs)

Particulars	Standalone (Audited)		Consolidtaed (Audited)
	Year ended 31.03.2010	Year ended 31.03.2009	Year ended 31.03.2010	Year ended 31.03.2009
a. Net Sales / Income from Operations	205,749	218,110	245,185	247,300
b. Other Operating Income	20,320	10,835	28,044	16,350
Net Sales / Income from Operations	226,069	228,945	273,229	263,650
Expenditure
a. (Increase)/Decrease in stock in trade and work in progress	(1,306)	(1,955)	(6,236)	(16,241)
b. Consumption of raw materials	94,772	108,377	147,415	152,420
c. Purchase of traded goods/ rights	8,671	15,208	6,680	14,039
d. Employees cost	22,648	22,280	30,395	29,577
e. Depreciation/Amortisation	49,189	49,714	56,454	53,047
f. Other expenditure	41,329	44,189	55,170	55,524
Total	215,303	237,813	289,878	288,366
Profit / (Loss) from Operations before other Income Interest and Exceptional Items	10,766	(8,868)	(16,649)	(24,716)
Other Income	2,649	3,546	2,795	5,735
Profit / (Loss) before Interest and Exceptional Items (3+4)	13,415	(5,322)	(13,854)	(18,981)
Interest	18,683	20,532	28,034	27,339
Profit / (Loss) after Interest but before Exceptional Items (5-6)	(5,268)	(25,854)	(41,888)	(46,320)
Exceptional items	882	10,013	1,808	9,224
Profit / (Loss) from ordinary activities before tax (7+8)	(4,386)	(15,841)	(40,080)	(37,096)
Tax expense (represents excess provision written back of earlier years)	(765)	(753)	(714)	(733)
Net Profit / (Loss) from Ordinary Activities after tax (9-10)	(3,621)	(15,088)	(39,366)	(36,363)
Extraordinary Item (net of tax expense)	-	-	-	-
Net Profit / (Loss) for the year (11-12)	(3,621)	(15,088)	(39,366)	(36,363)
Share in Loss of Associates	-	-	(28)	(12)
Net Profit / Loss for the year (13-14-15)	(3,621)	(15,088)	(39,394)	(36,375)
Paid-up equity share capital (Face value:Rs.10/- per share)	16,831	16,831	16,831	16,831
Reserves excluding revaluation reserves as per balance sheet of previous accounting year	-	151,507	-	113,240
Earnings Per Share:
a) Before Extraordinary items
- Basic (Rs.)	(2.15)	(8.96)	(23.41)	(21.61)
- Diluted (Rs.)	(2.15)	(8.96)	(23.41)	(21.61)
b) After Extraordinary items
- Basic (Rs.)	(2.15)	(8.96)	(23.41)	(21.61)
- Diluted (Rs.)	(2.15)	(8.96)	(23.41)	(21.61)
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	3,379,626	3,379,626
- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	12.33	12.33	12.33	12.33
- Percentage of shares (as a % of the total share capital of the company)	2.01	2.01	2.01	2.01
b) Non encumbered shares
- Number of shares	24,040,515	24,040,515	24,040,515	24,040,515
- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	87.67	87.67	87.67	87.67
- Percentage of shares (as a % of the total share capital of the company)	14.28	14.28	14.28	14.28

Statement of Assets and Liabilities as at March 31, 2010

Notes:

1. The Company is operating with Storage Media Products and Solar Products 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. The Board of Directors recommended payment of dividend @ Rs. 0.60 per share for the year 2009-10 amounting to Rs.100,983,662 on 168,306,104 equity shares of Rs.10 each.

3. 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 31.03.2010	Year ended 31.03.2009
	(Audited)	(Audited)
Segment Revenue (Net Sale/Income )
a. Storage Media Products	186,203	183,717
b. Solar Products	46,775	34,130
c. Others	71,852	63,472
Total	304,830	281,319
Less : Inter Segment Revenue	31,601	17,669
Net Sales /Income From Operations	273,229	263,650
Segment Results
(Profit / (Loss) before tax and interest)
a. Storage Media Products	(4,630)	(11,277)
b. Solar Products	(22,492)	(12,644)
c. Others	(3,129)	(6,470)
Total	(30,251)	(30,391)
Less : (i) Interest expenses (net of interest/ dividend income)	25,241	21,868
(ii) Other Un-allocable corporate expenditure/ (income) (net)	(15,412)	(15,163)
Total Profit/Loss Before Tax	(40,080)	(37,096)
Capital Employed (Segment assets - Segment Liabilities)
a. Storage Media Products	282,296	278,833
b. Solar Products	187,838	137,660
c. Others	42,571	49,341
Total	512,705	465,834
Unallocated Assets/ (Liabilities)	(336,210)	(254,205)
Total	176,495	211,629

4. Figures of the previous year have been regrouped and rearranged wherever necessary.

5. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on July 12, 2010. 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