In my second year I have great satisfaction in seeing how well your company has grownand that too in a sector which has faced some of the strongest headwinds. Your company istruly an excellent company in its new avatar as Qgo Finance Limited.
The Company has had a total Net Income of Rs. 9376778/- a growth of 47.66%and a Net Profit of Rs. 5824167/- with a growth of 1323.63%. This is a testimonyto the strong foundations being laid by way of secure and robust processes and goodgovernance practices. Thanks to the excellent management team your company isestablishing itself as one of the most efficient and go to non-banking financial companies
The year ahead is one of uncertainty across our planet brought about by the impact ofCOVID- 19 and this has put the brakes on our country's and the world's economy. Howeverconsidering the consequent changes in life styles working habits and in commutingcontraction as well as the efforts of the Government to reboot the economy we areconfident that our sector of working will continue to present us growth opportunities.Coupled with our fair equitable and efficient practices I am confident that your companywill continue to grow and prosper.
Lastly I want to thank each and every one of you for your support and continued faithin the Company and its Management. It is because of your faith in us that we have beenable to achieve and grow as a team. I hope that we receive the same encouragement from allof you in the future as well!
Rear Admiral Vineet Bakhshi
Qgo Finance Limited
(Formerly known as Parnami Credits Limited)