26 Dec, 09:39 - Indian

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Globe International Carriers Ltd

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BSE Code : 538385 | NSE Symbol : GICL | ISIN : INE947T01014 | Industry : Logistics |


Chairman's Speech

Dear Members,

It is my pleasure to write to you as the Managing Director of Globe International Carrier Limited and present before you your Company's Annual Report for the Financial Year 2021-22. I feel privileged to accept the responsibility to lead the Leading Transport Company in Logistics Sector.

During the year under review, your Company demonstrated both resilience and agility and delivered impressive results. This has only reinforced our faith in the lasting strength of the strategic building blocks of your Company, namely brand, people and culture. The fortitude of our members and the values ingrained in our culture has truly come to the force in these unprecedented times. I firmly believe that it is only when you're empowered with freedom and opportunity that you rise above the task at hand and take complete ownership to make a difference.

At Globe International Carriers Limited (GICL), our Stakeholders come first and we are focusing on their well-being by taking all possible steps to provide them with continuous support as may be required. With our investors, we strive to initiate dialogue, share regular updates and ensure the delivery of continuous financial growth for them, and this has contributed to our continued success.We, at GICL, strongly value all our stakeholders and community and have consistently given back to our shareholders.

We conducted a detailed exercise to reach out to our relevant stakeholders and understand and address their concerns effectively. We have integrated our Sustainability approach with our value creation process to enhance greater responsibility and transparency for our stakeholders while maintaining profitability.

We remain extremely optimistic about the medium to long-term prospects of the Company and believe that our building blocks are firmly in place now. In the last few years, your Company has taken concrete actions towards strengthening the business core around transportation, controls, and operations. With the expected economic growth of India in coming years, I strongly believe that your Company is on the cusp of a multi-year growth cycle.

In conclusion, I would like to show my sincerest gratitude to all our stakeholders, for their faith and continued support in us.