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RDB Realty & Infrastructure Ltd.

BSE: 533285 Sector: Infrastructure
NSE: N.A. ISIN Code: INE245L01010
BSE 00:00 | 18 Mar 30.00 0
(0.00%)
OPEN

29.50

HIGH

30.00

LOW

29.50

NSE 05:30 | 01 Jan RDB Realty & Infrastructure Ltd
OPEN 29.50
PREVIOUS CLOSE 30.00
VOLUME 4
52-Week high 55.80
52-Week low 27.00
P/E 42.25
Mkt Cap.(Rs cr) 52
Buy Price 29.50
Buy Qty 97.00
Sell Price 30.00
Sell Qty 89.00
OPEN 29.50
CLOSE 30.00
VOLUME 4
52-Week high 55.80
52-Week low 27.00
P/E 42.25
Mkt Cap.(Rs cr) 52
Buy Price 29.50
Buy Qty 97.00
Sell Price 30.00
Sell Qty 89.00

RDB Realty & Infrastructure Ltd. (RDBREALTY) - Chairman Speech

Company chairman speech

Dear Members

It gives me immense pleasure to interact with all our esteemed Members and present anoverview of your Company's performance for Financial Year 2017-18.

The Financial Year 2017-18 was another challenging year for your Company. The realestate sector faced many challenges and hurdles with the introduction of the Real EstateRegulatory Act ("RERA") and the Goods & Services Tax ("GST").However your Company has been strong footed and is moving ahead with its forward-lookingvision and is aiming to achieve its various targets.

RDB Realty visualizing the extremely good potential for residential complexes officemalls etc. all over India has come forward with an initiative and has emerged as one ofthe revolutionizing entities in the real estate industries. The Company has posted a netprofit of Rs. 82.93 Lakhs for the year ended 31st March 2018 in comparison to last year'snet profit of Rs. 56.49 Lakhs.

As the quality of real estate projects in India has improved over the past decadecustomer expectations have also evolved. Consumers want and expect more from leadingdevelopers both in terms of design quality and service experience. At RDB Group ourdiversified segmental presence and our ability to drive customer value in product andservice adds to our sustainable performance.

Among the middle class a home of one's own is a dream that is fulfilled afterelongated years of savings. Unlike most private developers who prefer to build for theaffluent RDB Group focuses on the needs of the middle and lower income groups. It firststarted with construction of individual buildings and then forayed into bigger housingestates thus emerging out as a winner. From projects in Kolkata and its neighboringdistricts the Group has spread its wings to all major cities of India. Further ourcontinued presence in Government Projects provides the necessary shield against industryslow down and enhances our goodwill which we expect to leverage in our projects.

We believe in RDB Group's mission and continuously strive to provide the best customerexperience by making their dream come true at the easily affordable price outperformingour promises through continuous innovation and improvement in design specifications andservice standards. Above all we want to be a responsible progressive & sensitivecorporate citizen. We want to render unstinting service to the society by looking beyondbusiness horizons. We strive to put in sincere and continuous efforts to contribute to theeconomic social and human development of our nation. As a part of its Corporate SocialResponsibility your Company has made its contribution for the development and promotionof education and animal welfare and we are expecting to come with more projects in nearfuture.

Going forward I would like to mention that our team at RDB is an exceptional group oftalented individuals and I am grateful to them for their tremendous efforts andoutstanding results. I also take this opportunity to express my gratitude to all ourCustomers and Associates for their support. At the end I would thank all of you ("theMembers of the Company") for your continued support and belief in us.

With Best Wishes
Sunder Lal Dugar
Chairman & Managing Director