In 2010-11, Samkrg Pistons & Rings Ltd delivered a record performance
in both domestic and export growth during the year with sales increased
of 31% and net profit increased with 40%, the company recommended
dividend Rs.4.50 per share i.e 45%. The Company has executed strategic
planning, Human resource policies and redefined SAMKRG vision and
achieved higher performance in operations and financial parameters. It
gives me great pleasure to communicate to all of you, the commitment
and continued optimism, your Company has again demonstrated its
strength by enhancing the Turnover & Profits compared to the last year.
Your Company shall, as has been the usual practice endeavor to confirm
to quality, sustain its market presence both in domestic & export
markets and maximize the value addition to the investor, thus ensuring
the continued prosperity of the investors.
We need to do more and more to meet the standards achieved by the
global auto part manufacturing companies. Our team has greater
commitments towards achieving these goals than over before.
I would like to take this opportunity to express my gratitude to each
one of you for your unstinted faith, support and confidence and look
forward to further growing SAMKRG from strength to strength.
With warm regards