CLIO Infotech Ltd Management Discussions.

Your Directors are pleased to present the Management Discussion and Analysis Report for the year ended 31st March, 2018. Investors are cautioned that these discussions contain certain forward looking statements that involve risk and uncertainties including those risks which are inherent in the Companys growth and strategy. The company undertakes no obligation to publicly update or revise any of the opinions or forward looking statements expressed in this report consequent to new information or developments, events or otherwise

1. Industry Overview:

The world Economy continues to face challenged on the road to sustained recovery. Advanced Economies that seemed towards the fag-end of the year and this uncertainty is clouding the prospectus for global growth during the year 2018. The Growth momentum was impacted as the protracted debt crisis in the euro area and the fiscal fragilities dampened and consumer confidence.

The economic crisis and its ramifications have accelerated the shift of economic power from the developed to the emerging nations and exposed a fragile world with limited capacity to respond to systematic risks. The Consequences has been volatile and low growth which is likely to stay for some time to come.

2. Future Outlook:

With improving business prospects at both local and global level, Prospects for Indian Industries looks bright. But banking sector globally is under pressure though with new government taking control of the situation things may improve for the best.

3. Internal Control Systems:

Your Company has adequate internal control procedures to commensurate with the nature and size of its business. Procedures ensure efficient and cost effective use of companys resources. Company has developed proper procedures to safeguard companys valuable assets against losses, to ensure timely and accurate preparation of accounts and compliances of various rules and regulations.

4. Financial Performance:

Share Capital:

The Paid up Share Capital of the Company as on 31st March, 2018 stands at Rs.110,109,500/-divided into 11010950 equity shares of Rs. 10/-each fully paid up.

Reserves and Surplus:

The Reserves and Surplus is Rs.32,23,325/-as on the end of the Current year.

Total Income:

During the year under consideration, total income is Rs.16,14,497/-

5. Employee Relations:

Company had smooth relations with its employees during the year under review

6. Our Strategy:

Company has shifted from IT Operations to its tradition Finance business. Due to heavy competition and margin pressure, Company has stopped IT Operations and presently most of the revenues are generated from Companys traditional Finance business. Company believes in stretching itself and put stress on cost cutting strive to survive in this world of stiff competition.

By Order of the Board

For Clio Infotech Limited

Mr. Suresh Bafna

Managing Director

DIN: 01569163

Date: 01/09/2018

Place: Mumbai