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Narendra Properties Ltd.

BSE: 531416 Sector: Infrastructure
NSE: N.A. ISIN Code: INE603F01012
BSE 00:00 | 29 Jul 18.70 -0.65
(-3.36%)
OPEN

20.30

HIGH

20.30

LOW

18.45

NSE 05:30 | 01 Jan Narendra Properties Ltd
OPEN 20.30
PREVIOUS CLOSE 19.35
VOLUME 1936
52-Week high 20.30
52-Week low 6.28
P/E 1.49
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 20.30
CLOSE 19.35
VOLUME 1936
52-Week high 20.30
52-Week low 6.28
P/E 1.49
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Narendra Properties Ltd. (NARENDRAPROP) - Director Report

Company director report

TO MEMBERS FOR THE YEAR ENDED 31ST MARCH 2020

Dear Members

Your Directors are pleased to present the 25th Annual Report and the Company's auditedfinancial statement for the financial year ended March 31 2020.

FINANCIAL PERFORMANCE

The Company's financial performance for the year ended March 31 2020 is summarisedbelow:

S.No Details Year ended 31.03.2020 Year ended 31.03.2019
(Rs.) (Rs.)
1 Contract receipts - -
2 Sales - -
3 Other income 18099 2598068
Total 18099 2598068
4 Total expenditure 10193839 11632970
5 Interest & finance expenses - -
6 Depreciation 203599 252585
7 Profit before tax (10379339) (9287487)
8 Provision for tax
- Current year - -
- Deferred Tax (Asset) (25200) (173394)
9 Prior year depreciation adj. - -
10 Profit after tax (10354139) (9114093)
11 Add: Surplus from previous year 181780488 190894581
12 Amount available for appropriations 171426349 181780488
13 Transfer to General Reserve NIL NIL
14 Proposed Dividend & Dividend Tax NIL NIL
171426349 181780488

DIVIDEND AND TRANSFER TO RESERVES

The Company has not earned any profit from operations since the developmentconstruction projects are under implementation. In view of the above your Directors arenot recommending any dividend for the year ended 31st March 2020 (previous year dividendpaid is nil).

Your Directors have not transferred any amount to any reserves during the year.

.