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Cura Technologies Ltd.

BSE: 532332 Sector: IT
NSE: CURATECH ISIN Code: INE117B01012
BSE LIVE 15:15 | 21 Jul 3.83 -0.20
(-4.96%)
OPEN

3.83

HIGH

3.83

LOW

3.83

NSE 15:28 | 07 Apr Stock Is Not Traded.
OPEN 3.83
PREVIOUS CLOSE 4.03
VOLUME 9354
52-Week high 17.31
52-Week low 3.83
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.83
Sell Qty 5735.00
OPEN 3.83
CLOSE 4.03
VOLUME 9354
52-Week high 17.31
52-Week low 3.83
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.83
Sell Qty 5735.00

Cura Technologies Ltd. (CURATECH) - Chairman Speech

Company chairman speech

SOFTPRO SYSTEMS LIMITED ANNUAL REPORT 2005-2006 CHAIRMAN'S REPORT Chairman's Message Dear Shareholders, I am pleased to ink this communique to you along with annual accounts for the year ended March 31, 2006 and share with you some aspects of Indian economy affecting the fortunes of the software industry in general and growth path of your Company in particular. During the year under review, SoftPro has achieved total income of Rs. 725.62 lakhs against Rs. 617.01 lakhs of last year. However, the net profit declined by 7.50% to Rs. 154.01 lakhs from Rs. 166.49 lakhs. Decline in net profit is due to several challenges like increasing costs in technology and skills acquisition, pricing pressures from customers etc. Keeping in the interests of the shareholders in view your directors recommended a dividend of 6 percent for the year ended. Looking at the current expectation of stable political and economical conditions in the US and Europe, and the continued robust growth in the emerging markets, I firmly believe that performance of your Company in the current year will be better. To reward, motivate, attract and retain the best talent in the organization SoftPro has implemented the Employee Stock Option Scheme during the year. Your company's Development Centre is coming up on the one acre land allotted by the Government in the heart of Software Development Zone of Visakhapatnam S.E.Z. Construction work of the development centre of about 60,000 sq ft. starts in September 2006 and proposed to be completed in phases keeping the business requirements in view. I would like to take this opportunity to thank all our shareholders and convey to them and their family my best wishes. KRISHNA CHAND AKKINENI Chairman & Managing Director Atlanta, USA. August 18, 2006