SJS Enterprises Ltd. Delivers Strong Performance in Q2FY23
22 November 2022: Board of Directors at SJS Enterprises Ltd. approved the audited financial results for the quarter and half year ended September 30, 2022, for fiscal year 2022-23. K. A. Joseph, Managing Director, SJS Enterprises Ltd. said, “We are delighted with our Q2FY23 performance. We remained prudently positive and have been able to outperform the industry. This growth is on account of strong customer relationships and our customers derive immense value from our continued focus on quality and delivery excellence. The 8 awards won by SJS during the quarter is a testament to the same. I am confident that going forward we will be able to further strengthen our customer relationships, develop new generation products, expand our reach and achieve our guided financial growth.”
“We are extremely positive on growth prospects for our business, given the improved outlook for the automotive industry, premiumisation trends and positive customer response to futuristic technology development initiatives at SJS. Driving value through new products will be one of the key drivers for future growth. We are already working with OEMs for futuristic products like Illuminated logos and cover glass technology for automotive centre stack displays etc. We are also gearing up for the future with advanced technology products like IME and smart surface technologies which will enable a high growth trajectory for the Company,” added Sanjay Thapar, Executive Director & CEO, SJS Enterprises Ltd..
SJS added marquee customers like Skoda Auto Volkswagon India – for decals and 3D lux parts and Atomberg Technologies, a leading manufacturer of premium fans for domestic appliances in Indian market – for IML parts. SJS entered the FMCG premium segment with the addition of John Distilleries – for speciality decals. It won new orders from TVS Motors, Bajaj Auto, Royal Enfield, M&M and Whirlpool and is proactively developing futuristic products.