sakthi auto component ltd Management discussions


SAKTHI AUTO COMPONENT LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS During the year under review, your Company has achieved a turnover of Rs.14468.26 lakhs (Rs.12732.07 lakhs) which is 13.63% higher than that of the previous financial year. The demand for castings and auto components was bright. M/s. General Motors have identified our foundry as one of the major sources for their requirement of steering knuckles for supply to their plants at India, Thailand and Korea. Orders have been received from Sweden for supply of Air Brake Calipers for the requirement of the heavy vehicles. Your Directors are glad to inform that Foundry has been awarded First prize of the State Safety Award for 2003 and 2004 under Group B Category by Inspectorate of Factories, Chennai.