BUSINESS DIRECTION

The Company’s performance during the year under review has been more than satisfactory and as mentioned earlier your Company had a very eventful year throughout and the we have taken certain strategic steps so that the Company emerges as national level player in the coming years. This year the Company clocked a growth in turnover of 111% over past one year and the profitability i.e the profit after the deferred tax) increased by 255% in the current  year.

Keeping in view the domestic seed growth and our plans of expansion, we have undertaken steps which will establish our dominant presence in basic edible oil and soya business, and also take on business opportunity that arise on account of our leadership position in the industry. We believe that expansion will enable us to achieve cost efficiencies, and our location advantage will help us in reaping the advantage over the other players in the market.

The Company has followed a successful strategy whereby the special emphasis is laid upon the retail packs, packaging and quality. This had led to increase in profitability and as the need for the edible oil in the packed and branded form is increasing, we are applying all our strengths in procuring best processing facilities, and the Company is further looking up to expansion to its retail products by the inclusion of Mustard Oil, Cotton Seed Oil, Soya Flour and other value added soya based products. In future there will be a lot of stress on Retailing and Brand Building.