I experience a deep sense of pride as I address you through this year's Annual Report.In this unprecedented year of challenges Jyothy Labs has proved itself all over again inso many ways. As the founder of the Company
I feel extremely content at seeing that the next generation of leadership has been ableto stand with our consumers and all other stakeholders at all times and that they havefully reassured our commitment.
Our journey which began in 1983 with the aim of serving the country through uniqueproducts brought us to an uncharted territory when the lockdown was imposed and we havecrossed that stretch of uncertainty with confident steps. My daughter M. R. Jyothy whotook over as Managing Director from April 1 2020 and Chairman Shri R. Lakshminarayananwho took over that role on the same date have ably steered the organisation to achieve astrong performance all through the financial year.
The new team has exhibited their talent to face any challenges with success.
I would like to reiterate to our esteemed shareholders that the success of Jyothy Labsis not only in the business figures. Our success is in the relationships we have builtover the decades that translate to those figures. In all our long years of operation wehave listened closely to everyone with whom our enterprise connects with including theconsumers raw material suppliers vendors transporters dealers community members andmore. Jyothy Labs is the family of its employees which take care of their smallest needs.
The Jyothy Labs team led by M. R. Jyothy has looked closely at the evolving needs ofconsumers - disinfection has been the prime need during the pandemic which has continuedwell into the next fiscal and has created products that stand out and make homes safer andhealthier Besides every effort has been taken to evolve the system adapting to newchallenges to reach every product to the needy in this COVID lockdown environment.
Over the decades Jyothy Labs have put so much earnest and well-considered effort intostrengthening the body of the organisation earned such goodwill for our ethics integrityand quality that have always been above the challenges. In many cases those challengesare transformed into opportunities.
Jyothy Labs thrives by taking everyone along in the journey to a better life. That hasand always will remain the guiding principle of Jyothy Labs.
I thank all our valued stakeholders for being with us in our journey and look forwardto our continued association as our Company grows with India.
M. P. Ramachandran.