It gives me great pleasure to share with you an update on the performance of yourcompany for the financial year 2017-18.
Kushal performed well in 2017-18 despite of many changes as :
The company has changed its name from "Kushal Tradelink limited" to"Kushal Limited".
It has also changed its main object and have stepped into the business ofEducation Entertainment and such other diversified business ventures.
The company has started two new divisions in educational sector under the name of"Joy jumperz" and "Hugs N Cuddles". We are in confidence that suchdivision leads education system with diversified and integrated solutions across theeducation value chain. Your company has received tittle certificate from Indian MotionPicture Producer's Association for its First Urban Regional Motion Picture in Gujaratii.e. "TARI MAATE ONCE MORE" and same has been released in moth of Septemberstating our initial step in entertainment industry. Company also initiated its step forinterior designing with the name of "About the Space".
In this rapidly evolving industry we have transformed the company into a flexibleorganization which respond to the changes fast and align itself with the changing marketdynamics. We have continued to build a more sustainable and thriving enterprise and areleading the way to long term value creation and positive societal impact within ourorganization and building a legacy for the next century and beyond.
In the Fiscal year 2017-18 the company has reported Revenue from Operation(Standalone)of ` 100660.50 lakh and profit after tax of ` 2771.46 lakh.
In our existing businesses we focused on o3ering variety of products and solutions. Weleveraged our world-class product development supply chain and manufacturing capabilitiesto bring innovative products to the market ahead of our competition.
Kushal 's new Vision Credo and fortified set of Values & Beliefs serve as thefoundation for the ambitious growth in our existing businesses expanding geographicallyand seeding new business lines while keeping profitability and return on capital at theforefront. The company commit for preparing a future-ready customer-centric withsignificant investments in R&D manufacturing digital transformation; brand buildinggovernance quality people and leadership as well as an enhanced focus on our channelpartners business associates and vendors for higher levels of engagement.
Kushal has been a pioneer in adopting the latest environment friendly process andtechnologies from time to time. This has enabled us to undertake sustainable developmentby bringing about a perceptible change in e3ciency parameters in energy and water usagewhich in turn helped us improve our operating margins.
Our CSR activities are well-focused and done in an organized manner and are all gearedto be position us as an assiduous corporate citizen.
We still have a long way to go but the vision is clear.
With the active support of all stakeholders and other relative concerned this shouldmean a brighter tomorrow.
With Warm Regards
Chairman and Managing Director
Date: November 14 2018