I take pride in saying that what started as a small creping and dyeing unit in 1981 has now blossomed into a fully grown organization which is making its mark all over the world. In line with our vision to be a premium global conglomerate with a clear focus at each business level, I am pleased to inform you that our geographic reach has far expanded. The company has posted a commendable performance with an increase of about 40% in the turnover during last financial year. This robust growth and given our years of experience, brightens the company's outlook. As a group, we are a meritocracy with a sharp focus on people processes. We warmly welcome new ideas and encourage a spirit of experimentation. For our success, much credit goes to our people whose commitment towards the company has been and continues to be unwavering. I also deeply acknowledge the contribution and support of all our stakeholders and valued customers.
While we cherish this acknowledgement, we realized, a lot of hardwork and effort is still due in our quest towards becoming a truly value based organization.