GAUTAM ENGINEERS LTD.

DIRECTORS REPORT

TO THE MEMBERS

Your directors are glad to present the 34th Annual report together with audited statement of accounts for
the year ended 31st March 2009.

SUMMARISED FINANCIAL RESULTS

Current Year Previous Year

(Rs.in lakhs) (Rs.in lakhs)
Income 12593406 11279221
Less: Operating & other expenditure 7987130 6664212
Profit before Interest, Depreciation & tax 4606276 4615009
Less: Interest - -
Depreciation (Including amortizations) 742402 828975
Profit before tax 3863874 3786034
Taxes on income 1316000 1095000
Profit after tax 2447874 2691034
Profit b/f from previous year 9146081 6444847
Add/Less: Prior period adjustments (12791) 10200
Profit carried to balance sheet 11681164 9146081

1. OPERATION
The Board has continued its efforts to search for profitable avenues for business and hopes for
Better results in the coming year.

2. DIVIDEND
In order to fuel growth in its revenues and profits the company needs to conserve its financial
resources to meet critical investment requirements in the near term due to which your directors
regret their inability to declare dividend to members.

3. CONSERVATION OF ENEGRY & TECHNOLOGY ABSORBTION

The issues to conservation of energy and technology absorption are not applicable at present, as
the company has not carried on any such business.

4. FOREIGN EXCHANGE EARNINGS & OUTGO

There has been no foreign exchange earnings and outgo during the year under review.

5. PARTICULARS OF SPECIFIED EMPLOYEES

There are no employees covered under the disclosure requirement of section 217(2A) of the
Company Act 1956 read with the Companies ( Particulars of Employees ) Rules 1975.

6 . SECRETARIAL COMPLIANCE CERTIFICATE

In accordance with section 383A of the Companies Act,1956 and Companies Compliance
certificate Rules 2001, the Company has obtained a certificate from a Secretary in whole time
practice confirm that Company has compiled with all the provisions of the Companies Act,1956.
 7 DIRECTORS RESPONSIBILITY STATEMENT
As required U/S 217 of the Company Act 1956, as amended by the Companies (Amendment) Act
2000, the Directors hereby confirm that

a) In the preparation of Annual Account, the applicable Accounting Standards had been followed
along with proper explanation made in the notes annexed to the accounts relating to material
departures

b) the directors had selected such accounting policies and applied them consistently and made
judgment and estimates that are reasonable and prudent so as to give a true and fair view of the
state of affairs of the Company at the end of the financial year and of the profit of the company
for that period .

c) The directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provision of this Act for safeguarding the assets of the
Company and for preventing and detecting fraud.

d) The Directors had prepared the Annual Accounts on a going concern basis.

8 DEPOSIT
The Company has not accepted any deposit from the public u/s. 58A of Company Act, 1956.

9. AUDITORS
M/s S.B.Dandeker & Co., Chartered Accountants, auditors of the company retire at the
forthcoming annual general meeting and have conveyed their eligibility and acceptance to be
reappointed.

10. ACKNOWLEDGEMENTS
The board places on record its appreciation for the effort and cooperation of all who have
contributed to the efficient functioning of the company during the year.

For & on behalf of the Board

GAUTAM ENGINEERS LTD.

DIRECTOR

19, R.N. Mukherjee Road,

Place: Kolkata
Date: 1st July,2009