moneshi agro industries ltd Management discussions


MONESHI AGRO INDUSTRIES LIMITED ANNUAL REPORT 2004-2005 MANAGEMENT DISCUSSION AND ANALYSIS COMPANY PERFORMANCE: The sales of the Company for the year ended 31st May 2005 touched Rs.22.97 Lakhs and Net Profit were Rs.0.13 Lakhs. Your Company has marginal gain in the business. The year under review was very good because of good monsoon and record production of Foods and grains and other agro products. Agro based industry all over the country would improve. The Directors are confident that the steps taken will help achieve the size, scalability, brand and ambition necessary to create packed foods. REVIEW OF OPERATIONS: The Indian packed junked food items are agro based Industry is one of the developing Industries in India. The food Industry has shown signs of very fast growth with the induction of international players and with the competition domestic packed food industry is expected to rise this year. The domestic growth has been driven by rapid expansion of packed food by Government, farmer and fast food segments. The domestic industries spends is likely to continue its current upward trend.