FUTURE TATA ELXSI Chairmans Speech


Dear Shareholder,

Your company delivered a strong performance across its business segments in FY16-17, reporting a 15% growth in total income and a 11% growth in PBT as compared to FY15-16.

This growth has been achieved despite considerable headwinds in the business environment and adverse currency volatility in major currencies.

Your company is in a growth industry where the demand for design and technology services continue to expand. Consumers are demanding simpler, meaningful experiences, from products and services, and businesses will need to humanize the complexity of underlying technologies and make them easy and simple to use. This has clearly put Experience as the distinctive differentiator which places Design at the forefront of every product and service delivered or consumed. Internet of Things (IoT) and Virtual Reality will further enable businesses to innovate completely new products and services.

Our integrated Design and Technology capability enables customers to reimagining their products and services. From understanding end-consumers and their needs, to delivering an exceptional experience by harmonizing not just form and function, but also the physical and digital aspects, your company is well placed to serve the needs for brands and businesses to drive customer delight and sustainable growth.

The talent and intellect of the employees of your company are well respected by our customers. Needless to state that your company''''s performance during FY16-17 is largely due to the extraordinary commitment and passion of each and every one of the diverse and global pool of employees of your company.

We will continue to invest in new technology areas, building our talent pool and continuous skill development, to enhance our service capability and the value delivered to our customers.

On behalf of the entire Board of Directors and the management team, I would like to thank you for your continued support and encouragement.

I am pleased to inform you that our Board of Directors has recommended a final dividend of Rs.16 per share, the highest shareholder return in the history of your Company.

N G Subramaniam

CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at compliance@dynamiclevels.com

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