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Advance Metering Technology Ltd.

BSE: 534612 Sector: Engineering
NSE: AMTL ISIN Code: INE436N01029
BSE LIVE 15:47 | 20 Jan 29.05 0.05
(0.17%)
OPEN

29.95

HIGH

29.95

LOW

28.50

NSE LIVE 15:31 | 20 Jan 29.35 0.40
(1.38%)
OPEN

29.00

HIGH

29.50

LOW

28.60

OPEN 29.95
PREVIOUS CLOSE 29.00
VOLUME 3667
52-Week high 37.20
52-Week low 18.55
P/E
Mkt Cap.(Rs cr) 46.65
Buy Price 0.00
Buy Qty 0.00
Sell Price 29.05
Sell Qty 55.00
OPEN 29.95
CLOSE 29.00
VOLUME 3667
52-Week high 37.20
52-Week low 18.55
P/E
Mkt Cap.(Rs cr) 46.65
Buy Price 0.00
Buy Qty 0.00
Sell Price 29.05
Sell Qty 55.00

Advance Metering Technology Ltd. (AMTL) - Chairman Speech

Company chairman speech

From The Desk Of The Chairman

Dear Shareholders

Despite the weak economic conditions and slow growth of the economy your company hasbeen able to achieve a good growth. This was the 2nd year of the Company’s commercialoperations and it has been quiet challenging for the Company. The meter division of theCompany is pacing towards faster growth and has able to achieve a decent turnover duringthe period. The Wind Power has performed well during the year. The Energy Audit divisionof the Company has created a niche for itself in the Energy Audit Sector in India and ithas undertaken numerous projects in the Industrial as well as the Hospitality Sector.

With appropriate strategies and their effective implementation your Company is well oncourse to improve its performance. We believe that the actions of the Company are suitableto deal with the business challenges as we see them today.

Your Company has been continuously focusing on all round cost reduction in differentareas of operations to achieve savings and gains in the performance of Company. Continuedfocus on providing the high quality world class products flexibility and agility areperceived as the mantras of your Company to win in a competitive environment.

As we look to the future we believe that we will be operating in a demanding andchallenging environment. To remain competitive in a challenging and demanding environmentthe benchmark has to be high in anticipation of the stated and unstated needs of thecustomers and markets.

Your company will continue to build on its strengths through strong systems andprocesses competitiveness ability to adapt to changes quickly while awaiting the widelyexpected revival in the fortunes of the Indian economy.

Knowledge specialization innovation and networking will determine the success of theCompany in this environment. I am expecting a stronger year ahead. The overall strategy ofyour Company will be driven by its strengths and competencies.

My special thanks and appreciation to all the stakeholders for their continued supportas we embark on another year.

P. K. Ranade

Chairman and Managing Director