` Crores

Particulars	Note No.	As at 31st March, 2015	As at 31st March, 2014
I Equity and Liabilities
1 Shareholders' funds
(a) Share capital	3	39.94	39.94
(b) Reserves and surplus	4	6,501.39	5,559.93
2 Minority Interest		18.54	0.85
3 Non-current liabilities
(a) Long term borrowings	5	12.00	-
(b) Other long term liabilities	6	31.33	24.45
(c) Long - term provisions	8	66.25	50.02
4 Current liabilities
(a) Short - term borrowings	9	88.00	-
(b) Trade payables	10	2,854.93	2,291.01
(c) Other current liabilities	11	308.90	588.19
(d) Short-term provisions	12	734.40	1,544.42
TOTAL		10,654.35	10,121.58
II Assets
1 Non - current assets
(a) Fixed assets	13
(i) Tangible assets		2,850.86	1,897.37
(ii) Intangible assets		101.42	349.92
(iii) Capital work-in-progress		719.20	854.74
(b) Non-current investments	14	821.15	830.05
(c) Deferred tax assets (Net)	7	73.54	105.98
(d) Long-term loans and advances	15	648.27	477.43
(e) Other non-current assets	16	60.19	47.81
2 Current assets
(a) Current investments	14	2,297.35	3,275.89
(b) Inventories	17	861.39	669.55
(c) Trade receivables	18	1,371.82	920.58
(d) Cash and cash equivalents	19	215.78	119.83
(e) Short - term loans and advances	20	573.41	550.38
(f) Other current assets	21	59.97	22.05
TOTAL		10,654.35	10,121.58
Accompanying notes forming part of the financial statements	1 & 2

In terms of our report attached For DELOITTE HASKINS & SELLS Chartered Accountants	For and on behalf of the Board of Directors
	Brijmohan Lall Munjal Chairman DIN - 0004134
Jaideep Bhargava Partner	Pawan Munjal Vice Chairman, Managing Director & CEO DIN - 00004223	Pradeep Dinodia Chairman-Audit Committee DIN - 00027995
New Delhi May 7, 2015	Ravi Sud Sr. Vice President & CFO	IIam C. Kamboj Asso. V. P. Legal & Company Secretary