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Orient Cement Ltd. Chairman Speech
BSE:535754 | NSE:ORIENTCEMEQ | IND:Cement - South | ISIN code:INE876N01018 | SECT:Cement
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You can view the entire text of Chairman's speech of Orient Cement Ltd.
Chairman's Speech
Mar2014 Mar 2016
Dear Shareholders,
At Orient Cement, we do not think only progress. We think sustainable
progress.
As a forward-looking organisation, standing firm on the solid
foundations we have built over the years, we think of progress that is
mapped to tomorrow''s needs. We believe in following a business
philosophy that is focussed not just on growth but on driving valuable,
inclusive growth that extends beyond the contours of profitability and
numbers. It is with this vision of the future that we are building on
our strong foundations, and creating capacities and competencies that
prepare us to keep progressing in a sustainable manner.
At the beginning of FY16, as we embarked on another challenging year of
operations, we looked deeper and more closely at our operational
systems and processes, and found new ways of improving our
efficiencies. Led by our sustained focus on execution excellence, and
driven by the strength of our brand, we further optimised our business
processes to deliver greater efficiencies across the value chain.
Continuously realigning our growth strategy to meet the demands of the
transforming industry landscape, we strengthened our foundations to
further boost our brand equity. We reinvented ourselves as a leaner and
fitter organisation geared to take on the challenges of tomorrow. We
remained on track to realise our vision to become a relevant national
player, with the successful commissioning of our Chittapur plant. This
has augmented our capacities to prepare us for addressing the future
demand likely to emerge as investments in housing, infrastructure and
industry gain momentum.
Technological/Digital enablement and people empowerment are at the core
of our strategic mandate for the future, as we move proactively towards
viable organisational growth and higher stakeholder value. We have
already taken several initiatives to streamline our systems and
processes, which we see as key enablers for the next phase of growth
for the Company.
The future is replete with opportunities, with the structural external
and internal challenges of the past year slowly giving way to renewed
positivity in the macroeconomic environment. And we are well poised to
take full advantage of these opportunities. Solid foundations are in
place and we are ready to take the leap into the next phase of progress
and sustain it.
CK. Birla
Chairman
At Orient Cement, we do not think only progress. We think sustainable
progress.
As a forward-looking organisation, standing firm on the solid
foundations we have built over the years, we think of progress that is
mapped to tomorrow''s needs. We believe in following a business
philosophy that is focussed not just on growth but on driving valuable,
inclusive growth that extends beyond the contours of profitability and
numbers. It is with this vision of the future that we are building on
our strong foundations, and creating capacities and competencies that
prepare us to keep progressing in a sustainable manner.
At the beginning of FY16, as we embarked on another challenging year of
operations, we looked deeper and more closely at our operational
systems and processes, and found new ways of improving our
efficiencies. Led by our sustained focus on execution excellence, and
driven by the strength of our brand, we further optimised our business
processes to deliver greater efficiencies across the value chain.
Continuously realigning our growth strategy to meet the demands of the
transforming industry landscape, we strengthened our foundations to
further boost our brand equity. We reinvented ourselves as a leaner and
fitter organisation geared to take on the challenges of tomorrow. We
remained on track to realise our vision to become a relevant national
player, with the successful commissioning of our Chittapur plant. This
has augmented our capacities to prepare us for addressing the future
demand likely to emerge as investments in housing, infrastructure and
industry gain momentum.
Technological/Digital enablement and people empowerment are at the core
of our strategic mandate for the future, as we move proactively towards
viable organisational growth and higher stakeholder value. We have
already taken several initiatives to streamline our systems and
processes, which we see as key enablers for the next phase of growth
for the Company.
The future is replete with opportunities, with the structural external
and internal challenges of the past year slowly giving way to renewed
positivity in the macroeconomic environment. And we are well poised to
take full advantage of these opportunities. Solid foundations are in
place and we are ready to take the leap into the next phase of progress
and sustain it.
CK. Birla
Chairman
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Chairman's Speech
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Cash Flow Statement
Half Yearly Results
Capital Structure
Chairman's Speech
Company History
Locations
Dividends
Splits
Competitors
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