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Responsive Industries Ltd.

BSE: 505509 Sector: Industrials
NSE: RESPONIND ISIN Code: INE688D01026
BSE 00:00 | 23 May 88.20 -0.10
(-0.11%)
OPEN

90.00

HIGH

90.00

LOW

87.00

NSE 00:00 | 23 May 87.55 -0.85
(-0.96%)
OPEN

89.60

HIGH

89.60

LOW

87.00

OPEN 90.00
PREVIOUS CLOSE 88.30
VOLUME 18600
52-Week high 105.95
52-Week low 67.40
P/E 54.11
Mkt Cap.(Rs cr) 2,354
Buy Price 87.05
Buy Qty 15.00
Sell Price 89.00
Sell Qty 150.00
OPEN 90.00
CLOSE 88.30
VOLUME 18600
52-Week high 105.95
52-Week low 67.40
P/E 54.11
Mkt Cap.(Rs cr) 2,354
Buy Price 87.05
Buy Qty 15.00
Sell Price 89.00
Sell Qty 150.00

Responsive Industries Ltd. (RESPONIND) - Chairman Speech

Company chairman speech

RESPONSIVE INDUSTRIES LIMITED (FORMERLY KNOWN AS RESPONSIVE POLYMERS LIMITED) ANNUAL REPORT 2006-2007 CHAIRMAN'S REPORT Letter to Shareholders Dear Shareholder, Fiscal 2006-07 has been an outstanding year for your Company and for the Indian Economy. It gives me great pleasure to share with you the high lights of our Company's performances during the period 2006-07. You would be delighted to know that your Company witnessed an excellent growth during the period. Responsive's consolidated revenue during the period was Rs.22517.34 lacs as against Rs. 6250.11 Lacs in last period an increase of 260% in total income. Its net profit before tax was Rs. 3159.82 lacs as against Rs. 1799.39 lacs in last period an increase of 75%. The Company has rewarded its share holders with Bonus shares in the ratio of (3:1) to existing share holders of the Company on 5th April, 2007. During the period the Company continued to enlarge its presence in the domestic and the global market. Quality continued to be the watchword. Exports accounted for 52% of the Company's sales. The high lights of the domestic operations was a stronger acceptance of the company's products. Buyers were institutional as well as individual. I am confident of your Company's future and in its ability to continue generating superior profits and higher share holder value. Let me take this opportunity of thanking all your company's employees for their excellent performance and Company share holders, business associates and customers for their continued support. With best wishes, Yours sincerely, Ramesh Mistry CHAIRMAN