Our goals are clearly defined-to get smarter and bigger as we take on the huge opportunity challenge resulting from the transformation that is visible on the Indian infra & landscape.

Dear,

I write you at a very important juncture in our journey. Having successfully bounced back into the profitability zone after two tough years of battling a depressed economic environment, we are now at the threshold of a new wave of growth. Our goals are clearly defined – to get smarter and bigger as we take on the huge opportunity challenge resulting from the transformation that is visible on the Indian landscape.

The mood in the construction industry, which is directly linked to growth in urban infrastructure, is positive. After a period of de-growth resulting from a policy paralysis and slow rate of project approval, things are finally beginning to look up on the construction front. And, as a leading, integrated construction player, we stand at the helm of this change, ready to take on the multitude of opportunities thrown up by the transforming industry and business environment. In a strategic shift, we have also reduced exposure to the more risk-prone sector contracts, which shall help us deliver on our promise to grow faster and better through a smarter approach and business model.

Moving ahead, smartly and on a concluding note

While this may be the conclusion of my message, let me assure you that what we are looking at is actually the beginning of an exciting new chapter in our growth odyssey. With the continuing support of all, to whom we owe much of the success of our strategy, and guided by our visionary promoters, we have embarked on the next phase of progress and expansion , which shall lay the foundation for your Company to get bigger, and of course smarter.

Yours Sincerely

Arvinder Singh

Chairman & Managing Director