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इंटरासॉफ्ट टेक्नॉलजीस

बीएसई: 533181  |  NSE: ISFT  |  ISIN: INE566K01011  |  Retail

खोजें इंटरासॉफ्ट टेक्नॉलजीस कनेक्शन Mar 17
अध्यक्षीय भाषण साल : Mar '18

Letter to Shareholders

Dear Shareholders,

Though 2017-18 was a defining year, as we crossed the '' 1,000 Cr. revenue milestone, there were many learning’s along the way.

We re-affirmed our vision to become the leading multi-channel retailer in the uS e-Commerce industry. With the continued shift from offline to online retail, we were re-assured of the size of the opportunity and the demand for our services.

During the year, we clearly saw our platform performing on the customer front. We were able to garner sales by maintaining the high ratings and growth in reviews, which validated our competitive edge. While work on this front is by no means complete, it is now more structured and improvements will keep happening over time.

With this long-term goal of solidifying our vendor base, we remain focused on growth. However, we realize that to grow on a sustainable basis in the long-term, we need to maintain operational discipline by increasing our operating efficiencies and improving our working capital cycle.

Working capital cycle is predominantly a function of how efficiently we are able to turn our inventory. The higher the turns, the lesser the requirement of capital. With the use of predictive analytics tool, we will continue to work on it further, the output of which will be stocking ''Just in Time'' inventory. We will save not only storage costs, but also capital. We intend to deploy a fair bit of resources towards this.

We will continue to leverage our strong technology backbone, our increasing operational efficiencies and the aggregation benefits arriving from scale to provide most optimal unit economics to our vendors, thus becoming invaluable to them. This, we believe will ensure long-term sustainability of our vendor base, leading to increase in market share and creating more value for our shareholders.

At intrastate, we are not following a set trail, but creating a new highway. We are aware that there will be short-term challenges, but we are clear about the direction and the destination. Over the years, we have overcome challenges that have given us invaluable learning’s. We have created the right building blocks in the form of mindset and model, intelligence and insights as well as technology and talent. As we go forward in this exciting but unchartered journey, we are cautious but confident, optimistic but vigilant of the challenges ahead. While there could be short-term aberrations, our long-term focus and goal remains clear and firm.

Our long-term strategy is to scale up - expanding our market-share by creating an unbeatable experience and value proposition for our vendors.

We shall continue with resolute determination and focus on :

- Giving our customers the best retail experience online

- invest in our custom-built technology and operational platform to deliver best experience to customers and the vendors

- Data-driven decision making

- Drive stronger value proposition by synergizing seamless vendor-experience with execution efficiency

My heartfelt gratitude to all our stakeholders for their steadfast support and confidence in the management of the Company. i assure you, we will continue our journey with consistent steps, keeping our credibility paramount.

Sincerely,

Arvind Kajaria

Managing Director

स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `436 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `929 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1244 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `744 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `137 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `358 Cr की खरीदारी की
  • MS ON WIPRO : Underweight रेटिंग, लक्ष्य घटाकर `230/Sh
  • JEFFERIES ON WIPRO : Underperform रेटिंग, लक्ष्य घटाकर `218/Sh
  • CITI ON ACC : BUY रेटिंग, लक्ष्य घटाकर `2150/Sh
  • CLSA ON ACC : BUY रेटिंग, लक्ष्य `2050/Sh

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