Management Discussion And Analysis Overall review, Industry Structure and Developments: As mentioned in the Directors report, your Directors are hopeful of achieving a steady growth in sales and job work activity and resultant net margin in the years to follow. In the current scenario the Board believed that Indian market will offers the opportunities for the revival of the product. Opportunities and Threat The opportunities in the domestic market is large though at the moment it is also affected by the economic scenario the world over. But we believe it is a passing phase and the signs of recovery are already there. By the time the Company launches its plans it is expected that the economic recovery would be well on its way. Segment wise Performance The Company does not have multiple products / segments Out look The Board is positive on the future outlook of the company and is examining various business options. Internal control System Company at brsent has internal control procedures, which is commensurate with the brsent requirements. Internal controls are being monitored, reviewed and upgraded on an ongoing basis. Human relations The Board is keen to have a fully equipped HR Department, once the activity is started in a big way. During the year under review, the activities were in a minimal scale and manpower utilization was meager and so there was no need for such a department. Caution The views exbrssed in the Management Discussions and Analysis are based on available information, assessments and judgment. They are subject to alterations. The Company's actual performance may differ due to national or international ramifications, government regulations, policies, Tax Laws, and other unforeseen factors over which the Company may not have any control. |