adarsh chemicals fertilisers ltd Management discussions


ADARSH CHEMICLAS AND FERTILIZERS LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS 2007-08 2006-07 FINANCIAL RESULTS Rs./Lacs Rs./Lacs Total Income 119.46 - Profit/(Loss) before Depreciation 118.49 (2.94) Depreciation - - Prior Year Adjustment Income/(Expenditure) - - Profit/(Loss) before tax 118.49 (2.94) Provision for Taxation Nil Nil Profit/(Loss) after tax 118.49 (2.94) (Loss) Brought Forward (10213.05) (10210.11) Balance of Profit & Loss Account (10094.56) (10213.05) Dividend Nil Nil REVIEW OF OPERATIONS: Your directors are happy to inform that the dues of the financial institutions have been settled in full & there are no dues to any of the banks and financial institutions. Your Directors proposes to restart activities at appropriate time.