Business Associates
Financial results for the year 2020-21 and 2021-22
Summarized financial results for the year 2021-22 in comparison to the results for the year 2020-21 are as follows
Present Administrative Setup of NACOF
| Particulars | 2020-21 (Figure in lakhs of Rs.) | 2021-22(Figure in lakhs of Rs.) |
|---|---|---|
| Sales & Allied Receipts | 1,97,887.62 | 3,67,257,.70 |
| Gross Margin | 1,378.02 | 2,303.24 |
| Other Income | 132.93 | 157.56 |
| Income relating to earlier year | 0.00 | 0.00 |
| Total Income for the year | 1,510.95 | 2,460.80 |
| % of Gross Margin to Sales | 0.70% | 0.63% |
| % of Total Income to Sales | 0.76% | 0.67% |
Expenses
| Establishment Expenses | 95.38 | 178.95 |
| Administrative & Other Expenses | 469.79 | 472.68 |
| Finance Charges | 177.38 | 14.25 |
| Selling & Distribution Expenses | 20.96 | 27.36 |
| Depreciation | 8.65 | 9.69 |
| Total Expenses for the year | 772.16 | 702.93 |
| Profit/(Loss) for the year before Taxation | 738.79 | 1,757.87 |
| Less provision for Tax | 260.00 | 450.00 |
| Net Profit / (Loss) | 478.79 | 1,307.87 |