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0 | Chairman's Speech (Optiemus Infracom) | Year : Mar '11 |
Dear Fellow Shareholders, I am pleased to report to all stakeholders that our foregoing year was great - a year in which we earned record revenue, profit and also handsome earning per share. These superb achievements are the result of the collective hard work and commitment of employees of the Company. Your company has delivered excellent results by way of revenue of Rs. 1212 Crores with a growth of 39%, PAT of Rs. 15.58 Crores with a growth of 91% and EPS of Rs. 2.08 with a growth of 82% during the FY 2010- 11. Our dynamic performance this year and the strong financial position is the result of our sound strategy. Our strategy is based on focusing in certain marketing segments, developing strong competencies in our chosen area and also providing comfortable & inspiring environment to our employees and carefully managing the risk so as to accelerate growth. Your Company is expanding its business from distribution to manufacturing and construction. The core competency of the Company is to manage the supply chain between manufacture and its trading partners on supply as well as demand side. The strength of the company is rich and vast experience of promoters. They have more than 15 years experience in the field of Distribution across the leading brands. The Company has strong distribution network of 24 offices-cum-warehouses in all over the Country. Taking all these together, it gives us tremendous competitive advantage in our market place, and also gives us the ability to focus on our long term goals. With a looking forward statement, I am sharing that the Indian mobile subscriber base is expected to boom to 893 million by 2012. This is 150 million increase of what was projected earlier, as per the report by Cellular Operators Association of India (COAI). The COAI''s earlier estimates had shown that mobile user base will reach 743 million by 2012. The major reason stated for the increase is the huge adoption of the mobile services in the rural areas, reported The Business Line. India is now the second largest mobile market in the world after China, which has over 650 million subscribers, with India having 400 million mobile users. According to COAI''s projection, there will be 1.24 billion mobile users in 2015-which means one phone for every Indian. On my conclusion, I am extremely thankful to all our bankers and stakeholders who have enabled Optiemus Infracom Limited to be successful and also grateful to all our supporters in our journey. Sincerely Ashok Gupta Chairman & Managing Director |
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| Source : Dion Global Solutions Limited | |
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