GHCL Digest-APRIL 2018

Md’s Message
Dear Colleagues,
As the financial year 2018-19 draws to a close and we move
towards a new fiscal I am proud to share that GHCL has
witnessed an overall 12% increase in revenue in the last nine
months. The soda ash produc on has increased by 20% from
5.77 Lakh MT to 6.94 Lakh MT. There has been a 4% increase in
yarn produc on from 17767 MT to 18397 MT. The home
tex les business has been facing some slack but that is
somewhat related to the headwind being faced by the tex le
industry as a whole. Nonetheless, post the launch of the
“Rekoop” brand, I am extremely hopeful and have great
expecta ons from the team. I am sure that we will see a
posi ve growth in revenue by next year.
Overall, we have performed well and the credit goes to all of you. I thank each one of you for your contribu on.
The success of our company is built on your efforts and in this past year, we have enjoyed many successes, awards
and accolades. As we move forward, we should focus towards crea ng a sustainable environment for our stake
holders and ourselves.
In today's dynamic world, sustainability is a necessity and not an op on anymore. Companies have to diligently
manage their financial, social and environmental risks, obliga ons and opportuni es. This is a very important
factor that has already started effec ng the compe ve landscape of every business irrespec ve of sector. An
increasing need for finding sustainable growth op ons is gradually changing the way organisa ons think about
processes, products and technology. Today more and more companies realise that sustainability is integral to
development and have started to innovate in various ways to retain their compe ve edge.
The one essen al area of focus for us is ins tu onalising safety as a core part of our culture. Unfortunately, we
lost a valuable life during one of our opera ons in the current fiscal, which is totally unacceptable. 'Safe
Produc on' is the only way to go, and I want each one you to support me in making this commitment a reality. As
we are move into a new financial year, we should aim and deliver a 'Zero Harm' in all we do.
Other facets of sustainability involve improving business opera ons and processes to become more efficient,
agile, with a goal of drama cally reducing instances of non-compliance (for e.g. environment & social), costs and
waste. At mes sustainability may appear daun ng, expensive and limi ng and may also reduce opportuni es for
economic profit, but that is where innova on steps in. Innova on is the ability to see beyond these limita ons
and arrive at unconven onal solu ons. Mee ng sustainable development goals will require ac on on a number
of fronts, including harnessing and maximizing the poten al of innova ve solu ons.
Innova on does not necessarily mean overhauling the en re organisa on, even small ideas can have a big
impact. Each one of us is perfectly posi oned to innovate in our own areas, every department can think of
improving their processes. Think out of the box and come up with ideas which change the course of things, and
you could create a legacy at GHCL.
A sustainable business strategy has many benefits – sustainability is economical – even switching off a bulb when
not in use saves costs; it is a rac ve – an eco-friendly business a racts a lot of a en on from investors,
customers & press; and fair – as it gives us an opportunity to give back to mother earth.
Together let us make sustainability a way of life at GHCL and not wait for opportuni es to do one great thing but
keep doing things in a great way. Wishing all of you a prosperous FY 19.
Regards,
RS Jalan
April 2018 3