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Advance Metering Technology Ltd.

BSE: 534612 Sector: Engineering
NSE: AMTL ISIN Code: INE436N01029
BSE LIVE 15:24 | 28 Apr 22.80 -0.15
(-0.65%)
OPEN

22.90

HIGH

23.00

LOW

22.50

NSE 15:55 | 21 Apr 23.90 -0.45
(-1.85%)
OPEN

23.75

HIGH

24.45

LOW

23.75

OPEN 22.90
PREVIOUS CLOSE 22.95
VOLUME 5906
52-Week high 37.20
52-Week low 22.50
P/E
Mkt Cap.(Rs cr) 36.62
Buy Price 22.65
Buy Qty 91.00
Sell Price 22.80
Sell Qty 30.00
OPEN 22.90
CLOSE 22.95
VOLUME 5906
52-Week high 37.20
52-Week low 22.50
P/E
Mkt Cap.(Rs cr) 36.62
Buy Price 22.65
Buy Qty 91.00
Sell Price 22.80
Sell Qty 30.00

Advance Metering Technology Ltd. (AMTL) - Chairman Speech

Company chairman speech

Dear Shareholders

For the Financial Year 2016-2017 the GDP growth of the country is projected at 7.5%which makes India one of the fastest growing among the large economies. This is definitelycreditable in view of the two successive unfavorable monsoon and a decline in exports.Inflationary pressures have been contained. The rise in the consumer price index in theyear 2015- 2016 has reduced by one percent to 4.9% as against 5.9 % the previous year. TheGovernment is committed to meet the current year’s fiscal target of 3.5% of GDP

Your company recorded a consolidated revenue of Rs. 301.1 million (Rs. 30.11 Crores)during the financial year 2015-2016.

As a part of it’s growth strategy apart from its existing businesses of PowerGeneration Manufacture of a wide range of energy meters your Company has systemsdesigned for the distribution networks of tomorrow energy management. Your company hasalso strengthened its portfolio to include a wide range of current transformers EPCservices for energy sustainability lighting solutions solar PV solutions and powermanagement and control. Your company continues to invest in growth opportunities in theexisting business portfolio.

Like any other well-run business we continue to focus on every area that is within ourcontrol while preparing for what is beyond our control. We have made and continue to makegreat strides in improving our operations and optimizing our assets.

The Board joins me in thanking each and every employee for their dedication andvaluable contribution and for continued support in the Company’s journey to delivervalue to all the stakeholders of the Company.

Pranav Kumar Ranade

Chairman and Managing Director