| ANNUAL REPORT 2005-2006
DIRECTOR'S REPORT
To
The Members,
TRIUMPH INTERNATIONAL FINANCE INDIA LIMITED
The directors herewith submit their report on the business and operations;
along with audited financial statements for the year ended March 31, 2006.
FINANCIAL RESULTS:
(Rs. in mn)
Year ended (Audited)
31st March, 2006 31st March, 2005
Income from Operations 11 6
Total Expenditure 106 114
Profit/(Loss) Before
Depreciation and Tax (95) (108)
Less: Depreciation 1 1
Profit/(Loss) Before Taxation (95) (109)
Less: Provision for taxation - -
Profit/(Loss) After Tax (95) (109)
Paid up Equity Share Capital 75 75
Preference Share Capital - -
Tax on Dividend - -
Reserves - -
DIVIDEND:
The Board of Directors does not recommend dividend for the current year.
REVIEW OF OPERATIONS:
The company has not carried out any major business during the year.
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