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Resonance Specialities Ltd.

BSE: 524218 Sector: Industrials
NSE: N.A. ISIN Code: INE486D01017
BSE 14:21 | 27 Sep 231.50 16.80
(7.82%)
OPEN

219.00

HIGH

235.00

LOW

206.00

NSE 05:30 | 01 Jan Resonance Specialities Ltd
OPEN 219.00
PREVIOUS CLOSE 214.70
VOLUME 24523
52-Week high 254.95
52-Week low 42.50
P/E 20.17
Mkt Cap.(Rs cr) 267
Buy Price 228.35
Buy Qty 4.00
Sell Price 231.00
Sell Qty 38.00
OPEN 219.00
CLOSE 214.70
VOLUME 24523
52-Week high 254.95
52-Week low 42.50
P/E 20.17
Mkt Cap.(Rs cr) 267
Buy Price 228.35
Buy Qty 4.00
Sell Price 231.00
Sell Qty 38.00

Resonance Specialities Ltd. (RESONANCESPECI) - Chairman Speech

Company chairman speech

Dear Stakeholders

At the outset I hope you and your family are safe. We are indeed living through veryunusual times and your Company has faced the challenge of Covid-19 pandemic by immediatelymobilizing efforts to protect employees and our immediate communities. In line with theResonance philosophy of community being a key stakeholder in the business we proactivelypivoted our assets to serve our communities to face the pandemic. Our approach to thepandemic was centered around four key actions of:1. Safety of our employees communitiespartners and assets 2. Rapid pivot to digital to ensure business continuity 3.Conservation of cash through cost control working capital and capex reduction 4. Ensuringcontinuous support to our customers and supply chain partners.

On the financial front Companies operational Revenue stood at Rs. 5620.30/- Lakhs andis increased by 35% from last year's turnover of Rs. 4162.94 lakhs. EBITDAincreased by53.61% to 965.56 Lakhs while PAT increased by 69.24% to 542.38 Lakhs.

At this point of time all our plants and R&D centers are operational.

I take thisopportunity to thank our teams for their resilience and agility. While thispandemichas impacted economic activity we are confident of emerging stronger as welcomeout of this challenge.Going forward we expect immediatemarket conditions to bechallenging and your Company is well positioned toemerge stronger by leveraging therethinkin supply chain strategies around theworld. I take this opportunity to thank youall for your continued support and trust in us.

With Warms Regards
CA Archana Yadav

.