kaytee cotsynth industries ltd Management discussions


KAYTEE COTSYNTH INDUSTRIES LIMITED ANNUAL REPORT 2004-2005 MANAGEMENT DISCUSSION AND ANALYSIS REVIEW OF OPERATIONS As reported earlier due to liquidity problem, the Company could not pay the power bills and consequently Gujarat Electricity Board (GEB) had disconnected the power connection and as such, the Company was compelled to suspend production since 28th September 2000 in the Preparatory section and 30th September 2000 in the Winding section respectively. The loss for the year under review, after adjustment of net interest (including Rs. 146.61 Lacs for the previous year), depreciation and taxation was of Rs. 287.90 Lacs against total loss of Rs. 30.79 Lacs in the previous year. The accumulated losses as on 31st March, 2005 were Rs. 2,701.67 Lacs. ENVIRONMENT, SAFETY AND POLLUTION CONTROL Your Company has been taking proper care in complying with all statutory requirements relating to safety, environmental and pollution control.