nilambur rubber company ltd share price Management discussions


THE NILAMBUR RUBBER COMPANY LIMITED ANNUAL REPORT 2006-2007 MANAGEMENT DISCUSSION AND ANALYSIS GENERAL PERFORMANCE: The Gross Profit for the year under review is Rs. 1,00,11,323/-. After providing for taxation, General Reserve, dividend and dividend tax the surplus carried to the balance sheet is Rs. 57,66,366. The good performance is mainly due to higher rubber crop and better prices realised for rubber. The steps taken by the Company to increase productivity and reduce cost contributed to the higher profit. Rubber and coffee prices have come down since then and are expected to be volatile in the ensuing year. The plantations are maintained in reasonable order. INDUSTRIAL RELATIONS : The Directors take this opportunity to place on record, their sincere appreciation of the contributions made by all the employees of the Company. None of the employees is in receipt of remuneration in excess of the limit laid down under section 217(2A) of the Companies Act, 1956 read with the rules framed there under.