MANAGEMENT DISCUSSION AND ANALYSIS REPORT
The Government of Andhra Pradesh has compulsorily acquired almost the entire Project land and facilities of the Company under the Right to Fair Compensation and transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. In view of the above, the Management of the Company is considering to restructure its activities.
A) Industry Structure and developments:
Not Applicable for reasons stated above.
B) Opportunities and Threats
Not Applicable for reasons stated above.
C) Segment -Wise or Product -wise performance Not Applicable for reasons stated above.
D) Outlook and Risks and Concerns Please see the above note
E) Internal Control Systems and their adequacy:
The Company has adequate internal control systems commensurate with the activities of the Company.
F) Discussion on financial performance with respect to operational performance
During the year your Company has earned net profit of Rs.33.79 lakhs on the gross turnover of Rs.63.43 lakhs. The Company is exploring various alternatives available for restructuring its business.
G) Material developments in human Resources/Industrial Relations front, including people employed:
There was no material developments in human Resources/ Industrial Relations front.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.