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-0.08 (-1.58%)
-0.1 (-1.98%) | Chairman's Speech (Texmo Pipes and Products) | Year : Mar '12 |
Dear Share Holders, First of all, I express my sincere gratitude to all the members of this Organization for their co- operation and having faith & trust on me. I am happy to inform you that Your Company has spread its wings across the length and breadth of India and has made its presence in many states. We are proud of our continuous growth and prosperity that reflects our sense of vision -to be a significant player in the agro and construction solution based industry. To embark on a journey of success one needs the tools of preparedness, foresight and strategy which lead to the path of growth and high quality operation. It made new benchmarks in quality, productivity and customer satisfaction The Company showed remarkable flexibility and adaptability during its journey. It met changing customer requirements by offering relevant products from time to time and expanded its sales and service network across the country. Your Company achieved a record turnover exceeding Rs. 16526.19Lacs resulting the growth of23.55% over the previous year and will continue this trend with all sincerity in the current year as well. However Comparing to Previous F. Y during this F. Y 2011-12 our new product line has shown a remarkable growth in Fittings sales and similarly in Drip Irrigation System sales increased by208% During 2011 - 2012, we stepped up our commitment to build organizational capacity, management bandwidth and the ability to execute our initiatives. This is a critical commitment that we are making to build a process and performance based organization with a shared vision. With a very strong brand image in the market your company is operating in six states and is planning for a Pan India presence. The company has a strong dealer network of more than 400 dealers and is continuously expanding its reach. The cost competitiveness and high quality of the products of your company ensures healthy demand of the company''s product in the coming year also. Company is launching new products to increase its portfolio and to gain competitive advantage. Your company''s Transportation is engaged in the road haulage business with its base in Burhanpur serving and providing direct transportation to all major cities and enjoying the trust, confidence and reliability of our valued clients and there is huge reduction in dependency on outside transport agency at the time of seasonable sales. Addition of vehicles during the year: 3 Total vehicles in the current year: 18 Last but not the least; I sincerely thank you on behalf of the company for your support. None of the above would have been possible without the enthusiastic efforts & support of all my Board members, Suppliers, Customers, Bankers, various Governments - semi government organizations, employees & Fellow shareholders. I assure you that the company will witness a tremendous growth with a positive financial impact in near future. Once again, I express my sincere gratitude towards all for imposing great deal of faith & confidence in me and hope the same will be continued in future also. With Best Wishes Sanjay Agrawal (Chairman) |
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| Source : Dion Global Solutions Limited | |
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