afson industrial corporation ltd Management discussions


DAS WIRE AND FINANCE PRIVATE LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS Operation: The Accounts for the year under review show a loss of Rs.5,19,322/- due to non-income/higher interest outgo. After provision of deferred tax assets of Rs.2,327/written back, the net loss comes to Rs.5,16,995/-. After adjusting net loss of Rs.5,16,995/- against brought forward profits of earlier years of Rs.13,49,963/-, the balance profit comes to Rs.8,32,968/-, which has been carried to the Reserves & Surplus.