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NSE
223.85
Change Change %
-8.95 -3.84%

Updated:15 Nov, 2019, 15:58 PM IST

BSE
217.45
Change Change %
-15.35 -6.59%

Updated:15 Nov, 2019, 16:01 PM IST

CHAIRMAN SPEECH

Dear Shareholders,

I am excited and proud of the fact that your company has reported strong, industry comparable revenue growth for the year 2011–2012. The credit for this must go to all our employees across all our geographies who focused on meeting client requirements all the time; deepened their relationships across the client and partner organizations and enhanced our service offerings to offer more to our clients. Investments in new service offerings such as Mobile Development, Deployment Testing for e–commerce portals and Credit Information Management increased our reach to target client markets in a dynamic environment.

Our customers want us to deliver end to end solutions to realize the benefits of effective IT Management in the wake of shifts in technology and investment climate. Your company is aligning its delivery model and partner capabilities to address this strategic requirement of the customers. In the new paradigm shift, Collaboration is becoming the new model, where organizations with different capabilities join together to deliver an end–to–end solution to the customer.

Top clients continue to repose their faith in your company by maintaining and growing their IT investments through us. We added 16 new clients in our targeted domains using Information Management as an Arrowhead.

Your company attained the Leading partner status with SAP for SME market in the UK and also achieved the Second leading partner for SAP in Europe. We intend to leverage our SAP relationship to a global level, thereby increasing our footprint in the Information Management market.

Our customers in the emerging Small and Medium Enterprise segment are looking at cost–effective ways to manage their IT investments, online initiatives to catalyst innovation and efficient organization of their business processes. It is critical that your company builds a model that allows for core competencies to flourish while we use collaboration as a way of work to deliver outstanding solutions to our customers. We are working to be the trusted advisors to our clients and be their extended team than an outsourcing vendor.

It has been an exciting year for all of us and we would like to thank our employees, our suppliers, our partners and our society for getting us to where we are, and having the confidence to make us grow; We wish to express a special gratitude to you, our shareholders who have continued to keep the faith and belief in the company's growth potential and ambitions; For 2012–2013, we will endeavor to meet our goals and position the company as the Preferred Information and Application Management provider to successful companies around the globe.

Thank you.

Autar Krishna

CHAIRMAN

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