Shakti Press Ltd. 2017 AR2
The report outlines the financial and operational performance of Shakti Press Limited for the fiscal year 2016-2017. The company reported a total income of Rs 91,526,474 and a net loss of Rs 12,790,622, continuing its negative profitability trend due to global economic slowdown and loss of major customers. Key highlights include efforts to consolidate business operations at a single location to reduce overheads by approximately 20% and ongoing negotiations for a One Time Settlement with bankers. The report also details corporate governance practices, board evaluations, and statutory disclosures regarding energy conservation.
Company: Shakti Press Ltd.
Sector: Manufacturing
Country: India
Year: 2017
Type: AR2
Pages: 66
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Shakti Press Ltd.
Annual Report
The report outlines the financial and operational performance of Shakti Press Limited for the fiscal year 2016-2017. The company reported a total income of Rs 91,526,474 and a net loss of Rs 12,790,622, continuing its negative profitability trend due to global economic slowdown and loss of major customers. Key highlights include efforts to consolidate business operations at a single location to reduce overheads by approximately 20% and ongoing negotiations for a One Time Settlement with bankers. The report also details corporate governance practices, board evaluations, and statutory disclosures regarding energy conservation.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees