REVIEW OF OPERATIONS & FUTURE OUTLOOK

Financial Year 2018-19 was a good year for Oswal Greentech Limited. The Company’s growth is stable in comparison to previous year and the Company is continuously engaged in the real estates activities. The Company always adhere to achieve best in the industry and try to optimize the cost and its efficiency level which translating into increasing profi t margins of the Company. The company earned a profit before tax of Rs. 68.60 Crores and profit after tax of Rs. 48.08 Crores as against a profit before tax of Rs. 70.69 Crores and profi t after tax of Rs. 43.24 Crores in the previous year. The Company’s promoted Residential Complex project at Ludhiana is completed successfully. The Company has in possession of premium land parcel in Ludhiana and is looking for development of residential/commercial projects there. The Company is also making efforts to explore various other locations for its real estate business. During the year, the Company has also received income from interest on Inter-Corporate deposits (ICDs) investments. The future outlook of the company remains positive and encouraging.