learning edge acedemy of professionals ltd Management discussions


OVERVIEW

LEAP was founded as a technology-enabled services Company focused on high-speed document imaging technologies and automated data capture from structured and unstructured forms, with an innate ability to apply these technologies meaningfully to improve operational efficiency and customer experience.

The following operating and financial review is intended.to convey the managements perspective on the financial and operating performance of the Company at the end of Financial Year 2016-17. This should be read in conjunction with the Companys financial statements, the schedules and notes thereto and the other information included elsewhere in the Annual Report. The Companys financial statements have been prepared in compliance with the requirements of the Companies Act, 2013, the guidelines issued by the Securities and Exchange Board of India (SEBl) and the Generally Accepted Accounting Principles (GAAP) in India.

CORPORATE TRAINING SERVICES

The Company continues to consolidate its presence in Corporate Training Services. However, the e- learning module has failed to take off so far. The Company is looking at revising this module to synergise with current market requirements.

FINANCIAL PERFORMANCE

The Net Loss of your Company for the Financial Year ending March 31, 2017 is 7,93,823 (Seven Lac Ninety Three Thousand Eight Hundred and Twenty Three only) as against net profit of Rs. 50,14,971 (Rupees Fifty Lac Fourteen Thousand Nine Hundred and Seventy One only) in the previous year.

The Company proposes to aggressively pursue new business opportunities during the current year and expects good results for the year ending March 31, 2018.

For Learning Edge Academy of Professionals Limited
Date: 08/09/2017 Bhagwan Kewal Ramani
Place: New Delhi Managing Director
DIN:02988910