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FICS CONSULTANCY SERVICES LIMITED
ANNUAL REPORT 2007-2008
MANAGEMENT DISCUSSION AND ANALYSIS
FINANCIAL RESULTS: (in Rs.)
Particulars For the year ended
March 31, 2008 March 31, 2007
Gross Income 64,12,055 30,48,171
Profit/(Loss) before tax 58,42,412 24,39,309
Less: Provision for tax
Current Tax 15,00,000 5,00,000
Deffered Tax (49,932) (47,217)
Profit/(Loss) after tax 43,92,344 19,86,526
Add: Tax adjustment (41,079) (14,199)
Add: Balance brought fwd. from 2,33,19,017 2,13,46,690
previous year
Less: Transfer to Reserve Fund 8,79,000 0
Balance in Profit & Loss Account c/f 2,67,91,282 2,33,19,017
FINANCIAL HIGHLIGHTS:
The. Gross Income earned by your Company during the year under review is
Rs. 64.12 Lakh as compared to Rs, 30.48 Lakhs earned by it during the
previous year. Your Company reported the Profit before tax of Rs. 58.42
lakh after accounting for expenses of Rs. 5.70 as against Rs. 6.09 lakh in
the previous year. The profit after tax posted by your Company is Rs. 43.92
lakh (Previous year- Rs. 19.87 lakh).
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