From Chairmans Desk


 

 

 

MESSAGE

   

I take this opportunity to extend my earnest greetings for a Very Happy, Healthy, Productive & Prosperous New Year 2020 to all Stakeholders. I put on records my deep sense of appreciation for achievement of the Corporation during the last financial year. I also wish to ‘Congratulate’ all stakeholders for yet another successful year of your Corporation and to share some of the milestones with you.


                ALIMCO achieved a Turnover of Rs. 341.87 crores in the Year 2018-19 as compared to the previous year of Rs. 228.50 crores. The surplus of your Corporation was Rs. 75.29 crores in the year 2018-19 as against previous year's figure of Rs. 50.79 crores. Similarly, the Net Worth of your Corporation increased to Rs. 351.11 Crores and the Capital employed has also increased to Rs. 351.03 Crores from Rs. 281.33 Crores and Rs. 287.79 Crores respectively in previous year.


                 ALIMCO has been making efforts to venture into the funds mobilization from other sources than Govt. of India. Grant-in aids in the interest of Divyangjan. The Corporation has primarily tapped CSR initiatives of others CPSEs and business through building up dealers network. In comparison to Non-ADIP business of 83.84 Crores in 2017-  18, the business in 2018-19 has registered a growth of Rs. 24.11 Crores in absolute terms and 28.75 percentage showing a business of Rs. 107.95 Crores

                ALIMCO’s Prosthetic & Orthotic Centre (APOC) has been upgraded during the current financial year and developed into a "State of Art Facility’’ at Kanpur. Construction work and commissioning of modern machineries & equipments have been ensured in a record time of one year. Moreover, ALIMCO Township having 24 flats is also ready for possession for ALIMCO’s staff / Executives. Furthermore, the Company has also added one more Guinness World Record during the year 20118-19 i.e. ‘The Most People fitted with Prosthetic Limbs in 08 Hours (Single Venue)’ with 260 beneficiaries in Bharuch, Gujarat on 28th Feb, 2019. With this record, now ALIMCO holds six Guinness World Records.

                Before concluding, I wish to again place on records my deep sense of appreciation for the sincere efforts put in by our employees at all levels which enabled the Corporation to record ‘’Excellent’’ Performance During the year 2018-19. I would also like to thank my colleagues on the Board who spared considerable time and participated actively in the deliberations of the Board and with their in-depth knowledge and guidance on various issues, greatly contributed in taking appropriate decisions. I also gratefully acknowledge the guidance and support extended by the Department of Empowerment of Persons with Disabilities (Divyangjan) and Department of Social Justice and Empowerment for continued growth and expansion of the Corporation. I am sure that with this support and trust. ALIMCO will achieve many more milestones and newer heights ahead in future.

I once again wish all our stakeholders and well-wishers of ALIMCO a very Happy and prosperous New Year 2020.

 

 


D.R. SARIN
Chairman & Managing Director
Artificial Limbs Manufacturing Corporation of India