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Prabhat Technologies (India) Ltd.

BSE: 540027 Sector: Telecom
NSE: N.A. ISIN Code: INE171P01019
BSE 00:00 | 03 Apr 312.20 4.90
(1.59%)
OPEN

311.70

HIGH

312.40

LOW

311.70

NSE 05:30 | 01 Jan Prabhat Technologies (India) Ltd
OPEN 311.70
PREVIOUS CLOSE 307.30
VOLUME 2000
52-Week high 432.60
52-Week low 262.00
P/E 538.28
Mkt Cap.(Rs cr) 334
Buy Price 307.70
Buy Qty 1.00
Sell Price 312.30
Sell Qty 100.00
OPEN 311.70
CLOSE 307.30
VOLUME 2000
52-Week high 432.60
52-Week low 262.00
P/E 538.28
Mkt Cap.(Rs cr) 334
Buy Price 307.70
Buy Qty 1.00
Sell Price 312.30
Sell Qty 100.00

Prabhat Technologies (India) Ltd. (PRABHATTECH) - Chairman Speech

Company chairman speech

It is my pleasure to write to you as the Managing Director & Chairman of PrabhatTelecoms (India) Limited and share with you the Annual Report of the Company for F. Y.2018 - 19.

The world over economy is in bad shape and India is not untouched to this. The ongoingtrade war has impacted the manufacturing and service sectors alike. These are hard timesand as the head of family I am still very optimistic for the future.

Our Company has witnessed loss for yet another successive year. But we tried our levelbest to minimize the loses as compare to the previous year. As an innovative company wetried to keep the trend of innovation and company has invested the sizable amount inproduct development and for diversified expansion plans. The loss is a culmination of somany factors - some within and some beyond the control of the Company. As we look to F.Y.2019 -20 we hope to build upon the foundation which has been put in place. We havechallenges ahead but it shall be our endeavor to overcome these to the best of ourcapabilities.

The Indian economy continues to demonstrate a high level of optimism. Having alreadyemerged as a bright spot on the globe it has been steadily advancing on an acceleratedgrowth path aiming to become a USD 5 Trillion economy by 2024. India is expected to bethe third largest consumer economy owing to its demographic structure aspirational middleclass talented and productive youth.

As an entrepreneur I can see the world is changing and business trend is on changeglobally. We are committed to accept the change in favor of company and committed tocontribute in the growth of nation at any condition.

We as company would like to place special thanks to our banker for extending theirsupport at this hard time of company.

Our commitment towards the Society remains steadfast. The Company did its fair share ofcommunity service through its Trust namely – Saahas.

Our constant endeavor has been to build trust and deliver long term value and we remainsteadfast to this commitment. I would like to take this opportunity to thank all thepeople within and outside the organization who have placed their faith in the Company. Welook forward to your continued support to take the Company forward.

Warm Regards S/d Vishwamani M Tiwari

Managing Director and Chairman Prabhat Group of Companies