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Womens Next Loungeries Ltd.

BSE: 538128 Sector: Industrials
NSE: N.A. ISIN Code: INE174Q01011
BSE 15:16 | 26 Apr 6.25 0.53
(9.27%)
OPEN

5.95

HIGH

6.25

LOW

5.85

NSE 05:30 | 01 Jan Womens Next Loungeries Ltd
OPEN 5.95
PREVIOUS CLOSE 5.72
VOLUME 34000
52-Week high 86.00
52-Week low 5.55
P/E 2.00
Mkt Cap.(Rs cr) 4
Buy Price 5.57
Buy Qty 2000.00
Sell Price 6.18
Sell Qty 2000.00
OPEN 5.95
CLOSE 5.72
VOLUME 34000
52-Week high 86.00
52-Week low 5.55
P/E 2.00
Mkt Cap.(Rs cr) 4
Buy Price 5.57
Buy Qty 2000.00
Sell Price 6.18
Sell Qty 2000.00

Womens Next Loungeries Ltd. (WOMENSNEXT) - Chairman Speech

Company chairman speech

"All power is within you; you can do anything and everything" - SwamiVivekananda

Dear Shareowners

I am delighted to inform you that we have again delivered outstanding performance onboth financial and operational parameters across over business

The story continues and we are writing a new chapter of growth every year. Thepresentation of 8th Annual Report for the financial year 2017-18 is anopportunity for us to showcase our achievements. The Company is growing at a fastermomentum and establishing new benchmarks year by year. The growth of the Company isessentially because of the continuous support of stakeholders vendors suppliersbankers employees and shareholders. I thank and congratulate everyone to be a part ofWomen's Next Loungeries Limited.

The implementation of GST is very well taken by our Company and improved factors on thepart of compliances and other formalities. By and large it turned out to be positive moveas far as our Company is concerned.

Again this year the Company has attained an all-round improvement in its performancespecifically in consolidating and concentrating on the higher margin business. The mainfocus was on brand building and has launched its own new brand of "WN" in theLoungeries sector. Our Bottom Line showed a healthy range with the profit after taxationbeing 180.20 lacs which is just double from the previous financial year.

During the year under review Company has increased the Authorized Share Capital of theCompany from Rs. 4 Crore to Rs. 12 Crore. Further to that paid-up share capital of theCompany has also been increased from Rs. 2.5 Crore to 4.505 Crore.

I would like to thank all my colleagues for their dedication innovation and hard work.By setting new standards in the business we operate in our team is delivering on ourmission to generate sustainable value for our stakeholders. These efforts also help us todeliver inclusive growth converging in to value creation and makes life better foreveryone.

I earnestly appreciate the Board of Directors for their guidance. I would further liketo express my gratitude to all our stakeholders for their continuing faith.

With Best Wishes Sincerely

Sd/-

Bhavesh T. Bhanushali

Managing Director