Dear Shareholders,
"I am pleased to present the Annual Report for Sulabh Engineers
and Services Limited for the financial year 2023-24. This year has been marked by
significant progress, underpinned by our commitment to financial inclusion and innovation.
Despite the challenges, Sulabh has demonstrated robust growth. Our diversified portfolio,
strategic partnerships, and prudent risk management have enabled us to expand our reach
and impact. We have successfully grown our book size and enhanced shareholder's value
Financial year 2023-24 was a great year for the company. As an N'BFC
that plays a vital role in India's financial system, our company serves as a crucial link
in the broader financial network, catering to a wide market. It is well-established that
NBFCs have become key lenders to both businesses and individuals. In lending, NBFCs are
generally seen as complementary to banks, often providing a better range of products and
services to their customers. By all measures, our company's performance during the year
under review has been outstanding. The net profit of our company for the financial year
ended March 31, 2023, saw an incredible increase compared to the previous financial year.
In this reporting year, the company recorded a net profit of Rs. 105.68 Lakhs.
Sulabh has been able to complete its successful, productive and
innovation filled years because of our stakeholders and for many more decades to come, I
appeal to all my colleagues and all our stakeholders to continue their love, trust,
kindness & friendship and let us all stay together to achieve new heights.
I extend my heartfelt gratitude to our dedicated team, our esteemed
Board of Directors, and our shareholders for their continued trust and support. I am very
much thankful to all our clients, who believe in us, I have no words to express for all
their love and trust. All our stakeholders, partners and patrons on this journey have been
very kind and helpful in extending their support. Together, we will continue to embrace
new opportunities and achieve great success. Our dreams to fiilfill other's dream and
support many to start their dreams will become true one day."
| With love and regards |
| S/d- |
| Vimal Kumar Sliarma |
| (Managing Director) |