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Dr Agrawals Eye Hospital

BSE: 526783|ISIN: INE934C01018|SECTOR: Hospitals & Medical Services
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Chairman's Speech (Dr Agrawals Eye Hospital) Year : Mar '18

Dear Shareholders,

We started our journey 60 years ago, to build an organization that would offer high quality eye care at affordable prices. We have earned the trust of millions of people across the world while staying true to our vision of being a truly global healthcare organization which imbibes the best practices from different sectors while relying on continuous innovation and cutting -edge technology.

We clocked 155.62 INR crores as total income for the year FY 2017-18. The operating margin for FY 2017-18 stood at 17% compared to an operating margin of 15% for the last financial year. With a focus on better cost control, we hope to improve our operating margins for the current financial year. Known for its tradition as a good dividend paying company, our dividend payout ratio stands at 12% this year. We have decided to invest more in advertising to reach out to the masses, which would help us grow in our traditional stronghold of Tamilnadu. While affirming our faith that innovation and technology will be at the forefront of our growth, we will also be investing more on bio-medical equipments and Infrastructure this year.

As we move ahead further on the path of value creation for all our stakeholders, I would like to commend the effort of our management and staff. I thank all the directors for their valued insights and directions imparted to the Company. Your trust and confidence fuels us on the path of excellence, dear shareholders, and I look forward to your continued support in the days ahead.

Regards,

Dr. Amar Agarwal

Chairman and Managing Director,

Dr. Agarwal''s Eye Hospital Limited

Source : Dion Global Solutions Limited
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