NOTES :
 
1. Sales are inclusive of Excise duty.
 
2.a. Provision for current tax for the quarter and the year ended 31st March, 2010 is net of MAT credit of Rs. 4450.00 lacs as the Company is confident to generate sufficient taxable income in the few years available for set off of the aforesaid credit within stipulated time.

     b. Provision for current tax for the year ended 31st March, 2009 is net of Rs. 4092.72 lacs being excess Provision for earlier years written back.
 
3. Mark to Market loss (net) of Rs. 143.42 lacs in respect of certain derivative contracts remaining outstanding at the end of the year 2009-10 has been netted off with gain on derivative transactions during the year and has been included in "Other Income". (Previous year - Mark to Market loss of Rs. 1736.12 lacs is included under "Other Expenditure".)
 
4. The Company's Spun Pipes and Foundries Unit continues to be under suspension of work (effective 2nd May, 2008).
 
5. Pending disposal (consented by the shareholders in March, 2006) of the Company's Hindusthan Heavy Chemicals Unit, the revenue/expenses of the unit (insignificant in terms of the Company's total revenue/expenses ) have been and will be included in these and subsequent results till its disposal.
 
6. a. Cement plant (with production capacity of 1.65 million tons) at Company's Vasavadatta Cement unit commenced commercial production on 7th August, 2009.

     b. The projects undertaken at Birla Tyres unit of the Company at Uttarakhand started commercial production as detailed hereunder :
                                         Unit II - Bias Truck tyres (60 MT/day) on 10th October, 2009.
                                         Unit III - Radial Truck tyres (140 MT/day) on 10th March, 2010.
                                         Unit IV - Motor cycle/LCV tyres (95 MT/day) on 29th October, 2009.
 
7. a. Further addition of 85 MT/day capacity to the existing capacity at Unit III of Radial Truck tyres at Uttarakhand Tyre Unit of the Company is expected to start commercial production by the end of 2010-11.

     b. The car radial tyre project (80 MT/day ) taken at unit V at Balasore Tyre Unit of the Company is expected to start commercial production by the end of 2010-11.
 
8. The number of investor complaints received, disposed off and lying unresolved at the quarter ended 31st March, 2010 are as under :
                                         Pending at beginning of the quarter - Nil
                                         Received during the quarter - 29
                                         Disposed off during the quarter - 29
                                         Lying unresolved at the end of quarter - Nil

9. Comparative figures have been regrouped or rearranged, where considered necessary which however are not comparable with current year's figures in view of statements made in note 6 above.
 
10. The Board of Directors in its meeting of 30th October, 2009 declared interim dividend at the rate of Rs. 2.25 per share (Previous Year - Rs. 2. 25 per share).
 
11. The Board has recommended payment of final dividend @ Rs. 3.25 per share for the year ended 31st March, 2010 (Previous Year @ Rs. 3.25 per share).

 
  By Order of the Board
   
Place : Kolkata
Date : 28th April, 2010
B. K. Birla
Chairman

   N.B. :

             
          a.
Register of Members of the company will remain closed from 16-06-2010 to 01-07-2010 (both days                    inclusive) for the purpose of payment of Dividend.


          b.  Instruments for transfer of physical share, complete in all respect, should be sent well in advance so                    as to reach the company/its Share Transfer Agent prior to Book Closure.
             
             c. The particulars of the Company's Share Transfer Agent are as under :

                   M/S M C S Limited,
                   (Unit Kesoram Industries Limited)
                   77/2A Hazra Road, 3rd & 5th Floor,
                   Kolkata - 700 029
 
                  Phone : 033-2476-7350 to 54
                  Fax : 033-2454-1961, 2474-7674
                  Email : mcscal@cal2.vsnl.net.in, mcscal@rediffmail.com