Today's Top Gainer
Note:Top Gainer - Nifty 50 More
Overall review, industry Structure and Developments:
The Scenario and situation is compounding by factor like political instability and emergence of low cast for out sourcing business. It is excepted that growth will come mostly in organic way.
Opportunities and Threat
Your Company, with its diversified portfolio of investments and trading strategy with available liquid funds was particularly well placed to benefits on improvement in the sentiment in market.
The Company has net Loss of Rs. 43,12,679.79 for the year 2017-18 as Compared to a net Profit of Rs. 7,63,548.39 in the previous year 2016-17. The Company s has made profit in the year under consideration basically due to volatile Market.
Internal control System
The Company has an adequate system of internal control, which assures us of maintaining proper accounting records and reliability of financial information. The Company ensures adherence to all internal control policies and procedures as well as compliances with regulatory guidelines.
The Company has a team of able and experienced industry professionals. There is in place a well defined in - house training program for its employees. Since the Company is not having manufacturing activities, hence the HRD was not formed.
Financial performance with respect to operational performance (Amount in Rs.)
|Particulars||Year ended 31st March 2018||Year ended 31st March 017|
|Income for the year||2,06,76,200.00||1,73,56,650.00|
|Expenditure for the year excluding Depreciation and||1,70,17,453.60||1,78,46,801.00|
|Profit or Loss before Depreciation and Amortization||36,58,746.40||(4,90,151.00)|
|Less: Depreciation and Amortization Exp.||(1,09,615.00)||(1,09,615.00)|
|Profit or Loss after Depreciation and Amortization||35,49,131.40||(5,99,766.00)|
|Exp. But before Tax|
|Less: Tax Expense||-||-|
|Profit/(Loss) after tax||35,49,131.40||(5,99,766.00)|
|Add: Balance Profit/(Loss) B/F from the previous||7,63,548.39||13,63,314.39|
|Balance Profit / (Loss) C/F to the next year||43,12,679.79||7,63,548.39|
The statements in this report including Managements Discussion and Analysis report reflects Companys projections, estimates, expectations or predictions and contain forward looking statements that involve risks and uncertainty. The Company and the Management shall not be held liable for any loss, which may arise as a result of any action taken on the basis of the information contained herein. Readers are cautioned not to place undue reliance on these forward looking statements that speak only of the expectations as on the date.