The Directors take pleasure in presenting this Sixth Annual Report of
 the company for the year ending 31st March 2000.
 
 FINANCIAL RESULTS
 
 The year under review marked a turn around in the operations of the
 Company as the mango crop which is our principal business segment was
 satisfactory.  The company achieved a export turnover of Rs. 1042.83
 Lakhs and earned Rs. 1048.41 Lakhs of foreign Exchange.  The company
 achieved a cash profit of Rs.79.37 Lakhs.  The company has pleasure to
 inform that Industrial Development Bank of India have rephased the term
 loan commitments apart from funding interest commitments up to 31st
 March 2000.
 
 DIVIDEND
 
 Your Directors could not recommend any dividend for the year under
 review.
 
 DEPOSITS
 
 The Company has not accepted any fixed deposits from the public
 
 DIRECTORS
 
 Sri. S.B.S. Manian and Smt. K. Girija Directors of the company who
 retire by rotation at the ensuing Annual General Meeting being eligible
 offered themselves for reappointment.
 
 Sri CH. Nagendra Kumar has been appointed as additional Director of the
 company.
 
 AUDITORS
 
 The Auditors M/s. E. Phalguna Kumar & Co., Chartered Accountants who
 retire at the conclusion of the ensuing Annual General Meeting being
 eligible offered themselves for reappointment.
 
 CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION
 
 Efforts made, in brief, towards technology absorption, adaptation &
 innovation are as under
 
 a) Improved electronic gadgets & Systems are used.
 
 b) Improvement in Plant Operation and process techniques
 
 c) Implementation of Quality Assurance systems
 
 d) Effective Environmental Management
 
 FOREIGN EXCHANGE EARNINGS & OUTGO
 
 The Company has earned Rs. 1048.41 Lakhs as Foreign Exchange on its
 exports and incurred Rs. 129.98 Lakhs as foreign exchange during the
 period for marketing expenses and purchase of packing material etc.,
 
 PARTICULARS UNDER SECTION 217 (2A) OF THE COMPANIES ACT, 1956
 
 During the year under review no employee of the company was in receipt
 of remuneration which in the aggregate was Rs.6,00,000/- or more nor
 was for any part of the year at the rate of Rs.50,000/- per month or
 more.