HIL has completed 70 glorious years on 6th June 2017. This marks an importantmilestone in the journey of HIL as also for the CK Birla Group. Over the years thecompany has shown commendable resilience by continuously challenging the status quo andreinventing itself in order to meet the dynamic requirements of the Indian industry. HILcontinues to be a leading player and a trendsetter in the Building Materials Industry inIndia.
HIL has completed yet another successful fiscal 2016-17 with sustainable profitabilityand revenues. Owing to the extraordinary trust displayed by our customers and ourdependable retail network IBC INFOMEDIA recognized HIL with the title of Asia'sMost Trusted Building Material Company' for 2016. Our brands Charminar and Aerocon haveyet again been recognized as Consumer Superbrands for the year 2016-17.
Our determination and passion aptly backed by committed manpower and strong corporategovernance remains the driving force to take HIL ahead. India is one of the world'sfastest growing economies and the next few years will definitely see renewed growth in therural and semi-urban parts of the country. We believe there is considerable potential forgrowth across our business verticals. To meet the evolving customer needs our focus willremain on innovation and proactive efforts in order to enhance value for our shareholdersas well as make positive contributions towards the society at large.
We thank all our stakeholders for their continued trust in HIL.
Our determination and passion aptly backed by committed manpower and strong corporategovernance remains the driving force to take HIL ahead.