Vantage Knowledge Academy Ltd Management Discussions

52.15
(1.96%)
Jul 24, 2024|02:37:00 PM

Vantage Knowledge Academy Ltd Share Price Management Discussions

MANAGEMENTS DISCUSSION AND ANALYSIS REPORT

Overview:

Organizations in the education sector include traditional colleges and universities as well as companies focused on training and development for clients that range from an individual learner to global corporations to online content delivery. As a whole, the industry is responsible for training individuals of all ages to learn new skills, obtain meaningful employment, and help accelerate the economic growth, by delivering education in traditional classroom settings or via online training over the Internet. Our Company strives to implement programs with a clear mandate for helping our students and participants build direct and concrete value that will contribute in improving their personal, professional, social and financial status

Opportunities, Threats and Outlook:

Opportunities

• Favorable governments Policies towards education sector

• Growing trend of corporate training programme in corporate sector

Threats

• Entrance of foreign universities in India

• Excessive Competition

Outlook

The Company is striving to improve the quality and productivity especially in the promising sectors and considering the current economic trends and also barring unforeseen circumstances is confident of achieving higher revenues and improved operating margins in future.

Internal Control Systems & Adequacy

The Company has an informal system of internal checks on its day-to-day affairs and dealings, which acts as an internal controls system, and audit committee is in charge of creating an effective system and also evaluates the adequacy and effectiveness of the internal controls.

Human Resources/Industrial Relations

The Companys HR philosophy is to motivate and create an efficient work force as manpower is a vital resource contributing towards development and achievement of organisational excellence. The Company had employed several clerical and executive level personnel and the Company also employs faculty members on professional basis for the education division.

Caution

Statements made herein describing the Companys expectations or predictions are "forward-looking statements". Actual results may differ materially from those expected or implied, due change in economic, operational and regulatory scenarios within and outside the country.

By Order of the Board
Sd/-
Neeta Rajesh Dedhia Place: Mumbai
DIN: 00969568 Date: September 8, 2023

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