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Unaudited Financial Results for the Quarter ended 30th June, 2006

(RS. IN LACS)

PARTICULARS	QUARTER ENDED	QUARTER ENDED	YEAR ENDED
	30.06.06 (Unaudited)	30.06.05 (Reviewed)	31.03.06 (Unaudited)
INCOME FROM OPERATIONS	8342.84	7053.16	28487.05
OTHER INCOME	11.61	10.74	142.04
TOTAL INCOME	8354.45	7063.90	28629.09

TOTAL EXPENDITURE	7291.72	6276.10	25426.26

DECREASE IN STOCK IN TRADE	232.16	281.13	190.32
CONSUMPTION OF RAW MATERIAL	5885.28	5063.96	21666.59
COST OF SALES	4372.44	3706.53	16166.43
STAFF COST	287.77	226.17	933.65
OTHER EXPENSES	886.51	704.84	3016.34
INTEREST	331.84	198.62	956.56
DEPRECIATION	68.15	32.71	140.30
PROFIT BEFORE TAX	662.74	556.47	2105.97
PROVISION FOR TAX	74.36	41.74	160.14
PROVISION FOR DEFERRED TAX	52.15	2.50	182.09
NET PROFIT	536.23	512.23	1763.74
PAID UP EQUITY SHARE CAPITAL(FACE VALUE OF RS 2/- PER SHARE)	743.57	727.57	743.57
RESERVES EXCLUDING REVALUATION RESERVES
E.P.S. Rs. NOT ANNUALISED( FACE VALUE OF RS 2/- PER SHARE)	1.44	1.41	4.74
AGGREGATE OF NON-PROMOTERS SHAREHOLDING
NUMBER OF SHARES	24056475	23791475	24056475
% OF SHARE HOLDING	64.71	65.40	64.71

NOTES:
1. Income from Operation rose by 18.28% and Net Profit by 4.68% as compared to corresponding quarter of the previous year. 2. The above results were reviewed by the audit committee and taken on record by the Board of Directors at its meeting held on 29.07.2006. 3.During the quarter Company's new finished dosage facility at baddi to manufacture Tablets, Injectibles and Liquids was put to operation. The Company was also laid the foundation stone for the putting up another new facility for cephalosporins and soft gelatin capsules in Baddi. 4. The Company had recieved 06 complaints during the quarter under review which were duly redressed to the satisfaction of the shareholders during the same quarter and as such,there were no pending complains as on 30th June 2006. 5.The Company is exclusively in the Pharmaceutical business segment. 6. Previous Year Figures have been re-grouped and/or re-arranged wherever considered necessary.

On behalf of the Board

Sd/-

Dated: 29.07.2006		(Gopal Munjal)

Place: Chandigarh		Chairman