ANNUAL REPORT 2010-2011
MANAGEMENT DISCUSSION AND ANALYSIS
The financial performance for the year ended on 31st March 2011 is
summarized as under:
Particulars 31/03/2011 31/03/2010
Profit/Lass before Depreciation,
Interest Taxes 14178773 11084976
Less: Interest 3554244 3252421
Depreciation 2746925 2671601
Profit before Tax 7877604 5160954
Provisions for Taxation 2800000 1685000
Profit after Tax 5077604 3475954
Add: Bal. brought forward
from previous year 16869187 13297544
Add: Deferred Tax Liability (Net) 284266 95690
Less: Tax Adjustments of
Previous Year 1435 0.00
Balance Carried to Balance Sheet 22232492 16869188
Members would be pleased to note that the company has achieved significant
growth for the year under review. During the year company has achieved the
sales of Rs. 2178.26 Lacs and Net Profit After Tax Rs. 53.62 Lacs compare
to pervious year sales of Rs. 1768.59 Lacs and net profit After Tax of
Rs.35.72 Lacs. Company has increase the sales of Rs. 409.67 Lacs Net Profit
After Tax of Rs. 17.96 Lacs compare to to previous year. Your company hopes
to increase its presence in the business in whole market in the coming
years, which will significantly increase the top line and also its
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