blue blends stocks securities ltd Management discussions


BLUE BLENDS STOCKS AND SECURITIES LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS Financial Results: Your Companys performance during 2007-2008 is summarized below: Particular As at 31.03.2008 As at 31.03.2008 Rs. Rs. Total income 97,598 63,655 Operating Loss 5,79,207 3,87,432 Depreciation 38,386 38,386 Loss for the year 6,17,593 4,25,818 Deficit brought forward 4,49,72,753 4,45,46,935 Deficit carried forward to Balance Sheet 4,55,90,346 4,49,72,753 Operations: During the year under review the Company did not carry on substantial business activities. Personnel: There is no employee drawing salary as stipulated under Section 217(2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975 and amendments made there under.