aqualand india ltd Management discussions


AQUALAND (INDIA) LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS PERFORMANCE : The Companys total income for the year was Rs.170.31 as compared to Rs.332.86 Lakhs in the previous year. The Main source of income of the company during the year under review was from the interest and the dividend received. FUTURE PLANS : Your Directors are pleased to inform that as per the letter of Intent received for the development of a HILL STATION PROJECT on the land in the villages, Veghre and Lawharde in Mulshi Taluka, Dist. Pune. Based on the letter of intent received, the Company has initiated the process of acquiring land in these two villages for the development of the said project.