Dear Shareholder,
Your Directors have pleasure in presenting the 29th Annual Report of your
Company together with the Audited Financial Statements for the year ended 31 st March
2023.
FINANCIAL RESULTS
The Financial Performance of your Company for the year ended 31st March 2023
is summarized below:
|
Year Ended 31.03.2023 Rs.in Lakhs |
Year Ended 31.03.2022 Rs.in Lakhs |
Net sales |
8752.50 |
6838.08 |
Other Income |
141.72 |
116.77 |
Total (A) |
8894.22 |
6954.85 |
Total Expenditure |
8363.40 |
6562.70 |
Profit before interest & depreciation |
530.82 |
392.15 |
Interest & financial charges |
45.59 |
45.86 |
Depreciation & amortization expense |
68.17 |
67.58 |
Profit before tax |
417.06 |
278.71 |
Tax expense |
116.46 |
74.02 |
Net profit / loss for the period |
300.60 |
204.69 |
Other Comprehensive Income (net of tax) |
-1.63 |
-8.17 |
Total Comprehensive Income for the period |
298.97 |
196.52 |
Surplus brought forward |
1195.71 |
999.19 |
Balance carried to Balance sheet |
1494.68 |
1195.71 |
DIVIDEND AND TRANSFER TO RESERVES
Your Board of Directors have not recommended any dividend for the year ended 31st
March 2023 (previous year dividend declared Rs.nil), keeping in view the requirements of
the Company for enhanced working capital for the regular business.
Your Directors have not transferred any amount to the any Reserves out of the profits
made during the year.
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