Dear Friends,
Taking this opportunity, I would like to express my sincere gratitude to our shareholders, customer and partners for the invaluable support extended to The Sethi Group of Companies in the past.
Keeping with the Group’s basic management directive which reads: "The Group will further strengthen its financial position, and shift its growth strategy to the one more oriented toward future growth and long-term business objectives," we will continue to progress and diversify in fields that have a positive impact on our bottomline. I am pleased to announce that during the last fiscal the group amassed a gross turnover of INR 446.93 Crores (USD 97.77 Million) with the turnover from Mining alone being pegged at Rs 198.3 Crores (USD 42.44 Million).
In the current fiscal our new initiatives will include:
Through these management initiatives, The Sethi Group will ensure the highest standards of safety and compliance, and proactively approach toward the preservation of global environment, while, at the same time, endeavor to enhance social welfare by ensuring stable and efficient supply of resources and energy.
I look forward to your continued support and cooperation.
Som Sethi
(Management Representative)
