amzel ltd Management discussions


AMZEL LIMITED ANNUAL REPORT 2008-2009 MANAGEMENT DISCUSSION AND ANALYSIS 1. PERFORMANCE Net Sales of Products and Service for the year was declined substantially from Rs.21.38 crores to Rs. 1.31 crores due to the termination of companys distributorship by M/s. Exide Industries Ltd. 2. FUTURE PROSPECTS The Principal of the company viz. M/s. Exide industries Ltd. have terminated companys distribution right of direct selling of exide batteries to dealers for the territory within the jurisdiction of the company with effect from 31st March 2008 which will result into closure of branches and loss of revenue to the company. As a result, the future business of the company will be reduced drastically. The management has no plane for new business.