| (Rs. in Million) |
| Particulars | Dec 2003 | Dec 2002 | Dec 2001 |
| Profit Before Tax | 847.58 | 656.62 | 572.86 |
| Adjustment | -23.59 | -17.42 | 25.82 |
| Changes In working Capital | -231.90 | -44.14 | -83.72 |
| Cash Flow after changes in Working Capital | 592.09 | 595.06 | 514.95 |
| Cash Flow from Operating Activities | 354.34 | 395.76 | 326.05 |
| Cash Flow from Investing Activities | 154.72 | -70.27 | -285.23 |
| Cash Flow from Financing Activities | -615.56 | -345.50 | -296.69 |
| Net Cash Inflow / Outflow | -106.50 | -20.01 | -255.88 |
| Opening Cash & Cash Equivalents | 307.18 | 327.19 | 583.06 |
| Cash & Cash Equivalent on Amalgamation / Take over / Merger | 0 | 0 | 0 |
| Cash & Cash Equivalent of Subsidiaries under liquidations | 0 | 0 | 0 |
| Translation adjustment on reserves / op cash balalces frgn subsidiaries | 0 | 0 | 0 |
| Effect of Foreign Exchange Fluctuations | 0 | 0 | 0 |
| Closing Cash & Cash Equivalent | 200.68 | 307.18 | 327.19 |