niit smartserve ltd Management discussions


NIIT SMARTSERVE LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS Financial Results: During the period under review, your Company has registered a loss of Rs.38.96 million as against a loss of Rs.42.49 million in the previous period. The summarized financial Results are given hereunder: (Rs. Million) For the year 1st April, 2007 to 31st April, 2006 to March, 2008 31st March, 2007 Income from Operations 530.86 560.60 Profit/[Loss] before Depreciation and Tax (3.83) (2.18) Add Depreciation 33.57 38.66 Provision for Tax 1.55 1.65 Net Profit/(Loss) (38.96) (42.49) Loss Carried Forward (38.96) 42.49