we win ltd share price Management discussions

Your Directors have pleasure in presenting the Management Discussion and Analysis report for the year ended on 31^st March 2023.

The Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry. Factors such as economy of scale, business risk mitigation, cost advantage, utilization improvement and superior competency have all lead to the growth of the BPO industry. A BPO service provider usually administers and manages a particular business process for another company. It either uses new technology or applies an existing technology in a new way to improve a particular business process.

There is huge demand of BPO services in the market due to expected significant growth in BPO industry. Many call- centers projects are coming up. The company will have good opportunity to secure projects orders. The

BPO boom in India is credited to cheap labour costs and Indias huge talent pool of skilled, English- speaking professionals. This will create lot of opportunity for the Growth of the Company.

The Company operates broadly in Single segment of Call- Centres.

During the financial year under review, total Standalone Income (including other income) of the Company was Rs. 4910.47/- lakhs as against Rs. 4227.03/- lakhs in the previous year. The Company has earned Standalone Profit after tax of Rs. 240.40/- lakhs compared to Rs. 209.97/-lakhs earned in the previous year. Your Directors are continuously looking for avenues for future growth of the Company.

The Company has adequate internal control system commensurate with the size of the operations by a committee. The committee periodically reviews the implementation of management policies to ensure that transactions have been accurately recorded and promptly reported.

There is expected to be good demand for BPO industry because massive investments are planned in coming years by government as well as private sector.

The company has maintained very harmonious & cordial Industrial relations. There is continuous emphasis on development of human resources through training. The issues pertaining to employees are resolved in harmonious and in cordial manner through regular interactions.

For & on behalf of the Board of Directors of
WE WIN LIMITED
Sd/-	Sd/-
Abhishek Gupta	Adarsh Kumar
(DIN: 01260263)	IGN=RIGHT>(DIN: 07071473)
Chairman	Managing Director
Place: Bhopal
Dated: 25/08/2023

CEO AND CFO CERTIFICATE

To

The Board of Directors, We Win Limited, Bhopal.

a) We have reviewed financial statements and the cash flow statement of We Win Limited for the year ended 31^st March, 2023 and that to the best of our knowledge and belief:

i) These statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading; ii) These statements together present a true and fair view of the companys affairs and are in compliance with existing accounting standards, applicable laws and regulations.

b) There are, to the best of our knowledge and belief, no transactions entered into by the Company during the year 2022-23 which are fraudulent, illegal or violative of the Companys Code of Conduct.

c) We accept responsibility for establishing and maintaining internal controls for financial reporting andthat we have evaluated the effectiveness of the internal control systems of the company pertaining to financial reporting and we have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.

d) We have indicated to the auditors and the Audit Committee:

i) There have not been any significant changes in internal control over financial reporting during the year 2022-23. ii) There have not been any significant changes in accounting policies during the year 2022-23 and iii) That there is no instance of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the companys internal control system over financial reporting.

For & on behalf of the Board of Directors of WE WIN LIMITED

Sd/-	Sd/-
Adarsh Kumar	Vinay Kumar Giri
(DIN: 07071473)	(PAN: ANXPG3485F)
Managing Director	Chief Financial Officer
Place: Bhopal
Dated: 25/08/2023