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A B Infrabuild Ltd.

BSE: 535343 Sector: Infrastructure
BSE 05:30 | 01 Jan A B Infrabuild Ltd
NSE 05:30 | 01 Jan A B Infrabuild Ltd

A B Infrabuild Ltd. (ABINFRA) - Chairman Speech

Company chairman speech

My Dear Shareholders

It is a matter of pride and pleasure to present yet another year of growth and successof A 6 Ihfrabuild Limited (ABINFRA). Our operating revenues grew by about 14.34 % fromRs.5593.72 Lakh to 6395.99 Lakh. On the operations front our capacity utilizationcontinue to be increase over the last year. We are proud of the consistent excellenceachieved by Your Company in FY20. It gives me immense pleasure to place before you the 10thAnnual Report of the Company for the year 2019-20.

We are presently in an era of economic slowdown regulatory reforms trade wars betweenvarious countries apart from this COVID-19 pandemic situation this tells us how quicklyand profoundly our world has changed that when we look back at the year gone by it feelslike a different era altogether. As the pandemic spread our priority was to safeguardourselves our family and the health and well-being of our employees.

We remained robust and resilient in an ever-changing and challenging businessenvironment and stayed focused on our legacy of contributing to the growth of the countryby delivering value to our shareholders. ABINFRA the Infrastructure business recorded itsexciting performance during the year with growth in revenue. Excellence comes from oursuperlative quality in Infrastructure. Our excellence also comes from stringent qualitycontrol processes and operations which have enabled us to set new standards in field ofInfrastructure.

I feel pleasure to share an update of your Company's performance for 2019-20 a year ofgreat achievements wherein we continued to demonstrate our proficiency and determinationin achieving operational excellence and financial soundness. This performance was possibledue to effective cost management of business quality work better price realization andaggressive marketing.

Before I conclude I would like to place on record my hearfelt gratitude to all ouremployees and our sincere thanks to Bankers NSE and all our shareholders and ourprecious clients who have extended their valuable support and confidence in the Company.With your continued support and trust we have begun our journey of being valued brand inInfrastructure Sector.

As we move forward into our next year may you and your family stay safe and healthy!

Wishing you all a successful year ahead!

With warm Regards

Mr.Amit Mishra

Managing Director