VISU INTERNATIONAL LIMITED
ANNUAL REPORT 2005-2006
It is a matter of grate pride to cherish and share with you the path
breaking performance that your company delivered during the financial year
The total income of the company is reported more than Rs. 70 crores and the
net profit of the company is Rs. 6.47 crores. The stupendous performance of
the company definitely motivates us to work hard and to produce better
results in future.
Education forms the backbone of a nation and is one of the most important
key indicators of a country's growth and development. In fact, the rise of
knowledge economy at a global level has once again reinforced education, in
all its forms, elementary, secondary, higher, vocational, as the key
economic and business driver.
We are none to second in terms of availability of intellectual capital. We
need to adopt international best practices with respect to innovative
models of education systems and to enhance competitiveness of the Indian
Education System in the global market.
Your company has taken the initiative to start international schools to
bring about a change in the practices followed at the school level by
preparing students to be competitive in the global market and to be a role
model in the Indian Education System.
We cannot imagine growth without innovation. We need to create conducive
environment for finding better methodologies and techniques for improving
efficiencies and confront competition.
At VISU, we strive to present the best products and offer quality services
by constantly improving the existing systems and innovating better
techniques to serve our customers in general and the student community in
It is pertinent to highlight and compliment the achievement of the research
team of VISU in churning out an innovative product called Visu Testing
Service (VTS). VTS enables a student to test his/her strengths and
weaknesses in a given area at a given time and to compare his/her standard
at national level.
I am happy to share with you that the company has raised an amount of USD
9,657,000 from the GDR issue and I thank the overseas investors for the
overwhelming response received by the company for subscribing the issue and
making it a big success.
I am also delighted to share with you the fact that the GDRs of the company
have been listed on the Luxembourg Stock Exchange, UK with effect from 24th
With regard to expansion, your company has opened branches at Ahemdabad,
Vadodara, Warangal and Ananthapur and further the expansion of branch
network still counting.
It is also in the sight of opening a subsidiary of the company in a foreign
country to have an extended reach to our overseas clients.
Let us all work together to build the company to be a leader in its
business and take it to new heights of success for the benefit of all.
I wish to place on record the kind cooperation extended by all of you at
all times in our efforts to strengthen the company.
I would like to take this opportunity to express my sincere gratitude to my
colleagues on the Board, employees, customers, bankers, suppliers and our
shareholders who continued their support and cooperation and participated
as partners in the growth of the company.