Satyendra Gupta, Deputy Managing Director, Sistema, Aksh Optifibre

'We are investing heavily in expansion and modernization of manufacturing facilities, human capital development, coupled with a transformational change in business strategies. This has enabled us to achieve the highest-ever turnover, FKM consumption, and exports in the current quarter. The acquisitions in FRP business made in the past and planned in the future will help in inorganic growth for the company. We firmly believe that our relentless and persistent efforts would lead us to achieve our vision to become a global leader.'

Satyendra Gupta
Deputy Managing Director,
Aksh Optifibre

Ever Aksh Optifibre Limited has reported that during Q3 FY17, the company has achieved multiple milestones in terms of higher operational efficiencies and business efficacy through disruptive market strategies resulting in recording highest quarterly revenue of 133 crore, seeing a 47 percent increase QoQ. The OFC division of the company has reported highest-ever optical fiber consumption. EBIDTA was at 12 crore, up by
16 percent (QoQ) and PBT at 5 crore, up by 30 percent (QoQ)

1 Stop Aksh, the service division of the company, has further extended its footprint in the green energy space with the recent launch of emergency LED bulbs in Rajasthan. The company will soon expand its product portfolio in the LED lighting space to offer a wide range of choices to its consumers. 1 Stop Aksh plans to sell these products through its vast network of 10,000+ kiosks across all 33 districts of Rajasthan.


 

 

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