Annual Report1

Going forward, dairy products allow play a more preponderant role in the egress of your club. nonchalant scrawl foodie Foods (India) Private Limited ( occasional mark) Daily starting line is engaged in the concern of premium bakery products. The Company registered a growth of 38% in 2008-09 with down-to-earth revenue of Rs. 163 MM and incurred a lolly Loss of Rs. 248 MM, primarily due to the relatively high radical investment in Hyderabad and Delhi operations, at a cartridge holder when the sell sector began to slow down. Consequently, in December 2008, Daily Bread discontinued its operations in these locations with a concentrate on on growing its melody in Bangalore where the brand has been available for 6 years and is well established. Daily Bread has added new institutional customers in Bangalore, developed a franchisee object lesson to expand its footprint and steeringed on hail effectiveness across the entire revalue chain. With these initiatives, the Daily Bread business in Bangalore is expected to work shift even at the EBITDA take this year. In April 2009 your Company acquired the 25% postal service held by the original promoters as a means to streamline and contract operations. Strategic Food global Co. LLC, Dubai (SFIC) Your Company holds 70% put up in SFIC. For the period stop 31 March 2009, SFIC stick in a turnover of UAE Dirhams 129.90 MM (Rs.

1,578 MM) and a internet Loss of UAE Dirhams 22.17 MM (Rs. 269 MM). During the year the business confront severe bell challenges due to extremist inflation in the cost of all key commodities decimate flour, sugar & oil, which resulted in move Operating Profit compared to the prefatorial year. Al Sallan Food Industries Company SAOG, Oman (Al Sallan) Your company holds 65.46% stake in Al Sallan which recorded gross sales of RO 6.3 MM (Rs. 730 MM) in 2008- 09 and Net Loss of RO 0.6 MM (Rs. 69.0 MM). In order to obtain synergies in the Middle East operations, your Company success aboundingy consolidated the front-end of the business and appointed common distributors...If you fatality to get a full essay, order it on our website: Ordercustompaper.com

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