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Q1 2020 Advanced Enzyme Technologies Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Advanced Enzyme Technologies Limited's Q1 FY '20 Earnings Conference Call. We have with us today Mr. V. L. Rathi, Chairman; Mr. Mukund Kabra, Whole-time Director; and Mr. Beni Prasad Rauka, Group CFO. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. V. L. Rathi. Thank you, and over to you, sir.
Good afternoon, everybody. It is a pleasure to address to all of you again and report our first quarter results of year 2020. We view this number as an excellent progress towards meeting our goal this year. As many of you will ask why our numbers are flat this quarter against fourth quarter, the answer is that our quarterly numbers tend to fluctuate and our first quarter is always a bit lower. We do not believe in measuring our results from quarter-to-quarter. We are here to deliver long-term value to our shareholders, as you're all aware.
That said, I'm very happy to
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