…your company has fared well during the financial year under review. under Indian GAAP, total revenue grew by 52% to rs 1835.1 million (1207.6m), while earnings before depreciation, interest and taxes witnessed an increase to rs 628.5 million (406.2m) - an increase of 54.7% over fiscal 2006. consolidated revenue and earnings were rs 3955.6 million (2213.4m) and rs 852.9 million (569.4 m) respectively. looking ahead –
next great opportunity: the language of wealth and what will generate wealth over the next 30 years is changing once again. at the center of it is the DNA; that is knowledge of genetics. we can now decode the human genome. it involves generating several 100 million letters out of this gene-code. very small changes can change life-function and you can program it.
this is already leading to a huge churn in the global economy. companies are focusing on life sciences. a restructuring similar to IT revolution is taking place in life sciences as it moves from molecule management to information management. you no longer have to spend millions of dollars on hard lab work.
this is especially important for India. we have done large scale information management on IT and we are very good at that. we just have to pay attention to education of our next generation in biosciences so that they learn the language of the next economic growth and manage to dominate the New World that is unfolding.
India has a great opportunity to usher in talent-driven economic revolution by developing professional resources. hundreds of thousands of us will get employed and earn tens of billions of dollar revenue.
your company is focused on healthcare IT services. It is poised well to gain immensely from this next great opportunity.
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