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Kushal

BSE: 536170|ISIN: INE647N01021|SECTOR: Diversified
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Kushal is not listed on NSE
Mar 17
Chairman's Speech (Kushal ) Year : Mar '18

Dear Stakeholders,

It gives me great pleasure to share with you an update on the performance of your company for the financial year 2017-18.

Kushal performed well in 2017-18 despite of many changes as:

- The company has changed its name from “Kushal Tradelink limited” to “Kushal Limited”.

- It has also changed its main object and have stepped into the business of Education, Entertainment and such other diversified business ventures.

The company has started two new divisions in educational sector under the name of “Joy jumperz” and “Hugs N Cuddles”. We are in confidence that such division leads education system with diversified and integrated solutions across the education value chain. Your company has received tittle certificate from Indian Motion Picture Producer''s Association for its First Urban Regional Motion Picture in Gujarati i.e. “TARI MAATE ONCE MORE”, and same has been released in moth of September stating our initial step in entertainment industry. Company also initiated its step for interior designing with the name of “About the Space”.

In this rapidly evolving industry, we have transformed the company into a flexible organization, which respond to the changes fast and align itself with the changing market dynamics. We have continued to build a more sustainable and thriving enterprise and are leading the way to long term value creation and positive societal impact within our organization and building a legacy for the next century and beyond.

In the Fiscal year 2017-18, the company has reported Revenue from Operation(Standalone) of Rs. 100660.50 lakh and profit after tax of Rs. 2771.46 lakh.

In our existing businesses, we focused on offering variety of products and solutions. We leveraged our world-class product development, supply chain and manufacturing capabilities to bring innovative products to the market ahead of our competition.

Kushal''s new Vision, Credo and fortified set of Values & Beliefs serve as the foundation for the ambitious growth in our existing businesses, expanding geographically and seeding new business lines while keeping profitability and return on capital at the forefront. The company commit for preparing a future-ready, customer-centric, with significant investments in R&D, manufacturing, digital transformation; brand building, governance, quality, people and leadership, as well as an enhanced focus on our channel partners, business associates and vendors for higher levels ofengagement.

Kushal has been a pioneer in adopting the latest environment friendly process and technologies from time to time. This has enabled us to undertake sustainable development by bringing about a perceptible change in efficiency parameters, in energy and water usage, which in turn helped us improve our operating margins.

Our CSR activities are well-focused and done in an organized manner, and are all geared to be position us as an assiduous corporate citizen.

We still have a long way to go, but the vision is clear.

With the active support of all stakeholders and other relative concerned this should mean a brighter tomorrow.

With Warm Regards,

SandeepAgrawal

Chairman and Managing Director

Date: November 14,2018

Source : Dion Global Solutions Limited
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