Dear Stakeholders,
am pleased to present the 11th Annual Report of Osia Hyper Retail Limited for the
fiscal year 2023-24. Despite the challenges posed by the pandemic, our leadership team has
adeptly managed a transition to remote operations, " % ensuring minimal disruption to
productivity. The dedication of the Osia family has been instrumental in meeting the needs
of our customers during these trying times.
Performance Highlights for FY 2023-24
| This year, our company has achieved remarkable growth: |
| e Total Revenue: Rs. 115,000.68 lakhs, up from Rs. 74,351.11 lakhs in the
previous year. |
| e Profit Before Tax: Rs. 2,906.41 lakhs, an increase from Rs. 1,331.82
lakhs. |
| e Profit After Tax: Rs. 1,829.76 lakhs, compared to Rs. 950.14 lakhs last
year. |
Since listing on the National Stock Exchange in April 2019, Osia Hyper Retail Limited
has continued to grow and evolve. Our first store, Osia Hypermart, opened in Ahmedabad,
Gujarat in 2014, has set a benchmark for value-retailing with its extensive range of
products and a modern shopping environment.
Commitment to Value-Retailing and Integrity
We remain steadfast in our commitment to value-retailing and are dedicated to being a
responsible enterprise. Our focus is on delivering exceptional value and continually
exceeding customer expectations with quality products and services.
would like to express my sincere gratitude to our investors, customers, vendors,
bankers, team members, and the Board of Directors for their unwavering support. Your
contributions are vital to our ongoing success and growth.
We look forward to your continued support as we pursue our vision and strive for
excellence.
| Best Regards, |
| Dhirendra Chopra |
| Managing Director |