pilani investments
(PIICL:National Stock Exchange of India)

Financial Statements for pilani investments (PIICL)

Currency in Millions of Indian Rupees	As of:	Mar 31 2010 Restated INR	Mar 31 2011 Restated INR	Mar 31 2012 INR	Mar 31 2013 Press Release INR	4 Year Trend
Revenues		17.6	296.2	276.5	--
TOTAL REVENUES		493.1	296.2	276.5	1,778.9
Cost of Goods Sold		6.2	6.7	6.5	8.5
GROSS PROFIT		486.8	289.5	270.0	1,770.5
Selling General & Admin Expenses, Total		6.3	8.3	8.7	8.1
Depreciation & Amortization, Total		0.2	0.2	0.2	0.3
Other Operating Expenses		2.5	2.6	2.6	8.3
OTHER OPERATING EXPENSES, TOTAL		9.1	11.1	11.4	16.7
OPERATING INCOME		477.8	278.5	258.6	1,753.8
Other Non-Operating Expenses, Total		-0.3	839.4	52.7	-126.7
Other Non-Operating Income (Expenses)		-0.3	-2.7	1.8	0.2
Gain (Loss) on Sale of Investments		--	-16.9	-11.4	--
Gain (Loss) on Sale of Assets		--	0.0	--	--
EBT, INCLUDING UNUSUAL ITEMS		477.5	1,101.0	299.8	1,627.1
Income Tax Expense		9.6	7.5	9.3	351.4
Earnings from Continuing Operations		467.9	1,093.5	290.5	1,275.7
NET INCOME		467.9	1,093.5	290.5	1,275.7
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		467.9	1,093.5	290.5	1,275.7
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		467.9	1,093.5	290.5	1,275.7

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