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Airan Ltd.

BSE: 538410 Sector: IT
NSE: AIRAN ISIN Code: INE645W01026
BSE 05:30 | 01 Jan Airan Ltd
NSE 12:29 | 18 May 18.85 0.25
(1.34%)
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18.80

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Airan Ltd. (AIRAN) - Chairman Speech

Company chairman speech

Letter to Shareholders

Dear Stake holders

The year 2020 was a very unusual year for all of us. A year that was challenging onmultiple fronts but what stood out was the extraordinary resilience and adaptability ofindividuals and enterprises.

We are grateful to the frontline healthcare workers and other support teams who areselflessly and fearlessly serving humanity during these challenging times. The silverlining is the success of large-scale vaccination in a few countries in controlling thepandemic that is giving hope to humanity at large.

India was relatively successful in managing the first wave of the pandemic outbreak butunfortunately the second wave of Covid-19 is spreading the virus much more rapidly acrossIndia including the rural areas which were relatively less impacted in the first wave. Weare cautious and hopeful that with an all-out effort we will be able to overcome thechallenging situation the country is facing.

As per the World Bank the global economic output is recovering from the downturntriggered by Covid-19 but it will remain below pre-pandemic trends for a prolonged period.A well-coordinated response to the pandemic will shape the future of the global economyfor years to come.

We are proud of the resilience AIRAN has shown in this challenging time to ensurepersonal safety and at the same time being classified as essential service provider bythe ministry of home affairs in the lockdown period we could run the operations with verylimited interruptions which led to a sustained performance during the year.

Our Consolidated Revenue from Operations during the year stood at Rs. 6629.74 lacsreflecting 14.94% year-on-year (YoY) growth. Before I conclude I wish to thank all myfellow Board members management team employees customers suppliers regulatoryauthorities and our shareholders for their unflinching guidance and continued supportthroughout the year.

Wishing you all a safe year ahead!

Regards
Sandeep Agrawal
Managing Director

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