Our leadership's relentless focus on Relationship, Relevance, and Results with our customers, along with the capabilities of our cross functional global teams working together, have helped accelerate our customers' business in the
midst of this global pandemic.
In FY21, Your Company delivered consolidated revenues of INR 4,674 Crores, consolidated EBIDTA of INR 352 Crores and Net Profit of INR 78 Crores.
Your Company continues to invest in expanding its breadth of solutions in the areas of digital transformation, cloud, and cyber security to drive growth.
Our presence in 30+ countries has enabled us to facilitate and develop digital solutions across all industries and functions, and to be closer to our customers and their businesses.
Since AGC's acquisition of Black Box in Jan 2019, the Company has successfully executed multifaceted, sustainable, cost-saving initiatives that have resulted in improved recurring cash flows. AGC management implemented changes that
enabled Black Box to achieve operational efficiencies, improve product offerings, and introduce new technologies to clients. These initiatives have improved our relevance to customers and we continue to gain wallet share from our
blue-chip customer base.
Despite a turbulent year, we ensured business continuity and delivered enhanced value for our customers. This was possible because we acted quickly and decisively during the pandemic, protecting our people, making strategic decisions,
and securing consistent performance across our business streams. I am extremely grateful to our employees, our clients, the leadership team, our Board members, and all our well-wishers who have supported us with their trust and
guidance through this challenging year.
As we look ahead, we will continue focusing on expanding and enhancing skills of our talent base, making the workforce more flexible, prioritizing strategic workforce planning, and performance management to deliver a differentiated
value proposition to our customers.
As I scan our horizon, I am struck by the range of possibilities that beckon and we are uniquely positioned to take advantage of all opportunities that lie ahead.
We aim to create value for a broad range of stakeholders in a sustainable way. Our resilience and empathy are manifest in our ability to serve our customers without interruption, empower our employees to quickly adjust to hybrid working,
and provide much-needed relief to our communities in a time of crisis.
Your Company will continue to invest in the talent and technology of the future, more specifically in the areas of Digital Workplace, Data Center, Cloud Services, and Cybersecurity on top of our anywhere, anyplace delivery model.
We continue to pursue our 'GLOCAL' strategy and be our customer's preferred partner of choice in each of the global markets that we operate in. Our endeavor is to provide globally benchmarked technology solutions and services to our
customers in their specific geography and customized to their business needs.
Thank you for your support and guidance.
Stay Healthy, Stay Safe!
Warm Regards,
Sanjeev Verma