yashwant iron steel works ltd Management discussions

YASHWANT IRON AND STEEL WORKS LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS Company Performance: During the year under Report, the Company is able to maintain the gross sales of Rs. 1,91,44435.57 as against Rs.1,35,53,619.00 in the preceding year. The workshop receipts were at Rs. 20,581.00 as against Rs.1,18,179,00 in the preceding year. The production of castings during the year under report was 105.000 M.T. as against 102.503 M.T. for preceding year resulting in a increase of 2.497 M.T. and the sales of pumps was 24 Nos. as against 3 Nos. in the preceding year. The Profit before tax for the year under report is Rs.10,15,497.69 as against loss of Rs.7,38,260.05 for previous year. Financial Highlights: Amount in Rs. 2005-06 2004-2005 Sales 1,91,44,435.57 1,35,53,619.00 Workshop Receipts 20,581.00 1,18,179.00 Profit/(Loss) before Tax 10,15,497.69 (7,38,260.05) Provision for Tax (including Deferred tax) 4,61,555.00 134/275.00 Profit /(Loss) after Tax 5,53,942.69 (6,03,985.05) Prospects for the Year: Looking to the year under report and the market trend for the engineering industry particularly, the current year i.e. 2006-07, we may be able to achieve the same or higher turnover. Your Directors are trying to get diversified jobs from various industries in the Domestic and overseas market. This may lead to increase in profit during the current year and this can lead to better financial results for the year ending 31st March, 2007.

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Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

yashwant iron steel works ltd Management discussions

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