Scrupulous compliance with clause 49(1) of the listing agreement and the Directors as well as Senior Management personnel followed the code of conduct prescribed.
Terrorist and Disruptive Activities, Migrant Labour Problems, BODO Issue, Surcharged Atmosphere, Unproductive outsourcing business are the main hindrances and stumbling block for the current situation. However with the strong and stable Government at the Centre, the various problems will evaporate in the ensuing months and thus the company expects tremendous growth.
Wide portfolio of investments, innovative strategy and abundance of liquid funds will strike rich dividends particularly in view of the present upward buoyant market trend
Financial Year | Net Profit Rs. |
2013-14 | 64,60,013 |
2012-13 | 15,621 |
Implementation of adequate internal control system, strict adherence to internal control procedures and policies, meticulous maintenance of accounting records, authenticity of financial information, scrupulous guidances with regulatory guidelines are the positive sides of the company.
Excellent, experienced and able team of professionals coupled with well defined in-house training programs for employees and the conducive and congenial atmosphere pave way for the growth.
Financial performance with respect to operational performance
Particulars | Financial Year ended 31.03.2014 Rs. | Financial Year ended 31.03.2013 Rs. |
Total Income | 90,63,750 | 2,73,54,613 |
Total Expenditure | 89,99,137 | 2,73,27,305 |
Depreciation | - | - |
Tax | 64,613 | 27,307 |
Provision for Tax - FBT | - | 11,687 |
Profit /(loss) after Tax | 64,612 | 15,620 |
Management's discussion and analysis report reflects the company's projections, estimates, expectations/predictions and contain forward looking statements that involve risks and uncertainty. The Management of the Company shall not be held liable or responsible for any loss which might arise as a result of any action taken on the basis of information contained herein. Browsers are cautioned not to place undue reliance on these forward looking statements that speak only of the expectations as of date.