It gives me great pleasure to welcome you to the 30th Annual General Meetingof your Company and share with you the progress that your Company has made amidst businesschallenges and opportunities.
The Financial Year 2018-19 had been prosperous as your company has performed very wellin both domestic as well as International market. In coming years also we will beexploring new opportunities and markets to expand the business with sustain growth.
In the past two decades of its existence the company has grown leaps and bounds due toits commitment to adherence to quality standards and innovative measures taken by thepromoters of the company towards its relentless growth. The company is lead by a team ofyoung technocrats who have sound knowledge of Process and Application of the products andare ready to adapt new technologies with the changing needs of the market. We haveachieved some success in this direction the total income of the Company for the yearended 31st March 2019 was Rs. 224.66 Crores as against the total income of Rs.126.39 Crores for the previous year ended 31st March 2018. The Company hasearned a Net Profit after Tax of Rs. 2.86 Crores for the year against as compared to NetProfit of Rs. 0.81 Crores in the previous year.
I am confident that Geekay Wires Limited with its excellent clients committedassociates and strong and stable staff will continue to deliver significant value to allits stakeholders in the years to come and will achieve our dreams.
I would like to thank all our Shareholders Investors Employees Clients and allOther Stakeholders who have always stood by us.
I look forward to your support and encouragement in making your company the Leader inthe Iron and Steel space.
Chairman & Managing Director