The FY 18-19 has been an exceptional year for Ceinsys. It is extremely rewarding towitness how Ceinsys is growing multifold and is ardently investing in emergingtechnologies and capabilities that will allow us to augment the major pie in theprospective market.
We strongly believe that our success will depend on our ability to redefine and alignourselves with the new global paradigms and the disruptive developments in our industry.In this context we have made significant investments and developed capabilities to solvecustomer problems and serve our clients well.
It was yet another difficult year for the global economy characterised by low growthand geopolitical uncertainties. Despite of a challenging economic environment Ceinsys hasdelivered outstanding growth in earnings and value for Stakeholders. Our balancedperformance across different domains industries and geographical regions is particularlyexciting in the context of a global economic environment that remains unpredictable andambiguous.
Your Company is addressing the Market where the demand for technology continues toexpand. We persistently attempt to enhance value for our stakeholders. We have aphilosophy of providing regular and stable payout to investors and carefully evaluatecapital allocation decisions in the interest of building long term stakeholder value.Continuing the practice of rewarding our shareholders your company has proposed adividend of Rs. 2.25 per share for the fiscal year 2018-19.
Innovation is a critical deliverable for all customers and with a continued focus onimproving development capabilities product mix enhanced during the year providing furthersupport for earnings growth. We are making very satisfactory progress on all ourSustainability Goals.
I would like to take this opportunity to thank each and every Employee as well as thosewho work with us across the value chain for their generous support and hard work in theservice of your Company. I would also like to thank each and every Stakeholder as well asBoard Members for their continued trust in the business and would like to express mygratitude for their continuous support and encouragement.
Chairman & Managing Director