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Uniinfo Telecom Services Ltd.

BSE: 535055 Sector: Telecom
BSE 05:30 | 01 Jan Uniinfo Telecom Services Ltd
NSE 05:30 | 01 Jan Uniinfo Telecom Services Ltd

Uniinfo Telecom Services Ltd. (UNIINFO) - Chairman Speech

Company chairman speech

A warm welcome to each of you to the 9thAnnual General Meeting of UniinfoTelecom Services Limited. It is wonderful to have you all join us here today and onbehalf of the UTSL Board of Directors I thank you for making the time. In this year wecontinued with our momentum enabling us to achieve sizeable growth in revenue andoperating margins. . It is your support and at the same time you challenging us to doeven better that pushes us to strive for more. During fiscal 2019 our overall revenuegrew 39.90% in constant currency terms. It was also a transformative year with theIncorporation of our new company in Thailand to enhance our customer base and overallwealth of the Stakeholders.

We clearly see that our clients operate in an increasingly complex world disrupted bymany digital technologies and they are looking at us to partner with them in this newera. At UTSL we work across industries value chains and geographies gives us keeninsights into the pattern of changes transforming the fundamental wiring across a diverseset of businesses.

It's an honor to share with you the annual report for the financial year ending 31stMarch 2019. Hard work focus culture and ethics remain to be pedestal for Uniinfo andwill do in future as well. In the beginning of the year we started our work with fullenthusiasm and with such hard work and your support we led to incorporation of our newcompany in Thailand.

The fiscal 2018-19 results are detailed in this Annual Report elucidating the growthmade by your Company. Our revenue is Rs. 50.67 Crores showing a growth of 39.9%comparedto previous year revenue of Rs. 36.22Crores. Our Profit after Tax (PAT) is Rs. 5.18Crores compared to previous year PAT of Rs. 3.87 Crores.

Your Company has planned to expand its horizons and diversify its operations evenfurther this year. We in keeping with the man oeuvre of our team of experts areproceeding towards distribution of other products. At Uniinfo we are in of the opinionthat Human Resource is the fuel that keeps a company running and have therefore alwaysfocused on increasing the quality and satisfaction of employees to achieve better results.It is a matter of pride to work with such an eminent workforce that adapts and keeps pacewith the dynamism of the Indian Capital Market and other related factors.

To conclude with I would like to convey my heartfelt appreciation towards all theshareholders clients directors employees bankers auditors and all the stakeholdersfor their continued belief support and confidence in the Company. I thank you foraccompany in the elating journey ahead. We endeavor to build more capabilities in order toensure that we expand our relevance to our stakeholders.

Kishore Kumar Bhuradia

Chairman cum Managing Director