IRIL Cover Sheet Results FY02 .XLS - Aditya Birla Nuvo, Ltd

FY2002 – Performance Highlightsq Net Turnover at Rs. 1408.2 Cr. is marginally lower‣ Higher sales clocked by Garments, Carbon Black and Insulators‣ Rayon sales adversely affected by strike‣ Textiles revenue is lowerq Operating profit down 8% - mixed performance by businesses‣ Insulators performance is remarkable with 41% jump in operating profits on theback of better product mix‣ Carbon Black operating profit is higher by 13% due to better realization‣ VFY operating performance impacted by strike‣ Higher advertisement support impacted bottom line of Garments‣ Textiles remains affected by weak economic conditions and higher input costsq Exceptional Items‣ VRS cost of Rs. 7.6 Crores at Textiles division provided‣ Gain of Rs. 8.9 crores on account of Write-back of Surplus in respect of assets heldfor disposalq Net Profit after Tax up 1% at Rs. 69.1 croresq Provision of Rs. 25.6 crores made towards deferred tax13