MANAGEMENT DISCUSSION AND ANALYSIS REPORT Kothari Industrial Corporation Limited is engaged in the core business of manufacturing and trading of Fertilizers and trading of Micro Nutrients including Straight Fertilizers. The key issues relating to this line of activity are discussed below:- Indian Economy which is primarily dependent on agriculture besides industrial sector, records a substantial growth in the economy’s performance. The growth of the agricultural sector is based on many factors including onset of the monsoon over the Indian Sub-continent. A good monsoon raises the hopes of the farmers and in turn the prospects of our business. We in turn continue to deliver fertilizers for increased output of the agricultural sector. Our Company’s products being branded ones enjoy a market especially in the southern states of India. The Company recorded a turn over of Rs.5189.56 lakhs against the brvious year turn over of Rs.7871.75 lakhs. |