ctr manufacturing industries ltd Management discussions


CTR MANUFACTURING INDUSTRIES LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS PRODUCTION, SALES AND TRADING RESULTS During the year under review, gross sales and income increased to Rs.53.78 crores. Also due to very favourable market conditions, profitability increased to Rs. 7.76 crores. OUTLOOK With the continuing emphasis of the government on the power sector, the company will continue to register healthy growth. INDUSTRIAL RELATIONS Employee relations continued to be normal during the year under review. Settlement were concluded at the Aurangabad and Pune factories covering the monthly rated employees and at the Pune factory covering daily rated workmen. On behalf of the Board of Directors A. P. Kumar B. M. Suri K. K. Nohria Managing Director Vice Chairman Chairman Mumbai, 26 April, 2006