Ladies and gentlemen, esteemed shareholders, and colleagues
I am pleased to share that your company has recorded highest ever sale and net profit
in financial year 22-23. During the year company earned a revenue of Rs. 247.51 Crores net
profit of Rs. 48.11. The net worth of the company rose very sharply from 125.88 Crores to
172.41 Crores which has shown the growth of 37% over the last year. Our Revenue has shown
growth of 23.18% and PBT 32.09% over the last financial year.
As we are all aware, the real estate industry plays a pivotal role in shaping the
economic landscape of our country. It's not just about bricks and mortar; it's about
building dreams, homes, and communities. Over the years, our sector has faced its fair
share of challenges, from policy changes to economic fluctuations. However, it has also
demonstrated remarkable resilience and adaptability. And today, as we stand on the cusp of
a new era, I am confident that our industry is poised for a bright future.
As our company has always believed in embracing change, fostering innovation, and
maintaining unwavering commitment to our core values. This approach has been instrumental
in our journey thus far, and it will continue to be our guiding principle in the years
ahead. We have made significant progress on our ongoing projects, delivering quality homes
and commercial spaces to our valued customers. Our commitment to excellence remains
unwavering, and we are proud of the trust our customers place in us. In today's world,
sustainability is not just an option; it's a necessity. We have continued to integrate
sustainable practices into our projects, striving to reduce our carbon footprint and
create eco-friendly communities
The real estate industry is evolving rapidly, and we are keeping pace. We have embraced
cutting-edge technology to enhance customer experiences, streamline operations, and
improve project management. Our customers are at the heart of everything we do. We are
committed to ensuring that every interaction with our brand is a positive one, and we are
grateful for the trust and loyalty our customers have shown us.
Looking ahead, we are filled with excitement and optimism for what the future holds.
Our strategic vision includes Expansion, Innovation, Customer-Centricity and
Diversification.
In conclusion, I want to express my gratitude to our shareholders for your unwavering
support, to our dedicated employees for their hard work and dedication, and to our
customers for trusting us with their dreams, business associates, Bankers and all other
stakeholders for the confidence they have reposed in our company. Together, we will
continue to build a brighter future for the company, the Indian real estate industry, and
the nation as a whole.
With Best Regards
Sd-
Sukhdev Singh Khinda
Managing Director