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Univastu India Ltd.

BSE: 0 | NSE: UNIVASTU |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE562X01013 | SECTOR: Construction & Contracting - Civil

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Univastu India is not listed on BSE

NSE Live

Aug 06, 15:40
30.95 0.15 (0.49%)
Volume
AVERAGE VOLUME
5-Day
4,265
10-Day
7,340
30-Day
20,718
2,221
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    30.80

  • Open Price

    30.05

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Annual Report

For Year :
2018

Chairman's Speech

Message by Managing Director

It is my honour to interact with you as a Managing Director of the board of UNIVASTU INDIA LTD and welcome you on the 9th Annual General Meeting of the company.

The foundation of the organization has already been establish on the core values which are Safety, Quality, Trust, Commitment, Integrity, Innovation and Research & Development over the last 9 years in the field of construction and Infrastructure development. Now the company is looking forward to achieve new horizon in the business with sheer hard work and trustworthiness. In this Journey many strong policies and procedures has framed by our management to meet regulatory guidelines at all the times. Enhancing stakeholders’ value continues to be our corporate approach.

UNIVASTU has seen a remarkable performance in FY 2018. Our consolidated gross revenue of the company increased by 95.53% i.e. from Rs 4178.35 Lakhs to 8169.79 Lakhs. Profit before Tax increased by 144.75% i.e. from Rs 190.39 Lakhs to Rs 465.99 Lakhs. Profit after Tax increased by 143.77% i.e. from Rs 136.48 Lakhs to Rs. 332.71 Lakhs.

Infrastructure sector is a key driver of the Indian economy. Our Country’s increased impetus to develop infrastructure in the country is attracting both domestic and international players. Allocation for the infrastructure has been increased by 20% which is giving the boost to the sector and also ensuring the continued funding to various projects like rail/ metro, urban development, road etc. These government initiatives and strategies are more favorable and predictable to the company. Our company has secured projects worth 100 Cr in the FY 2018.

I would like to take this opportunity to thank to our Clients, Vendors, Suppliers, Contractors, Central and State Governments, Regulatory Authorities, Investors, Bankers and Financial Institutions for their continued faith and trust. I would also like to extend my gratitude to all the Managing committee, stakeholders, each and every UNIVASTU member as well as those who are associated with us across various projects for their support and hard work in the service of the company. I seek all of your continued support for making the company grow stronger.

Pradeep Kisan Khandagale

Managing Director