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Savvy Business SOLUTIONS came into existence on 26 September 2010 after clearing all the government norms, but the seeds were planted 4 years back. From 2014, two Axis employees along with their college friends started the work of Fund Management and distribution as a freelancer. Gradually the work-flow went on increasing and the duo saw a tremendous potential and market and decided to setup a company.
Team has grown and with experience the quality of work, efforts and dedication shown in every project has resulted in a stronger client retention rate. Savvy Business Solutions has grown exponentially in this FY 20-21 and after establishing its first international branch it aims to achieve higher and grow futher. It seems to be a Global business solutions Organization firm.
We work for client satisfaction and flexibility is our motto. Our success is dedicated to a very professionally satisfied client base which includes manufacturers, traders, finance investors, and service organizations.
The Firm has earned the trust of a large number of clients. Our clients include Corporates – Private and Public Companies, Listed Companies, Banks, Limited Liability Partnership, Partnership Firms, Trusts, Hindu Undivided Families (HUFs), Individuals- Professional / Business and Salaried.
The sole vision of the Firm is Client Satisfaction. We believe in helping our client’s grow and thus growing further with them. We hope to make a positive impact towards our clients, organization, and colleagues.
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We value Work Ethics & Environment as it helps in creating a Creative Thinktank
Our aim to be a more purposeful organization is not just a slogan on our stationery. Vision 2030 is a bold but realistic ambition that will, once again, require all our focus and our full arsenal of inherent IVL strengths. It is entirely achievable.
As I reviewed my last two annual addresses – which together represent the peak of the pandemic era – it struck me how far we have come during a historic period in which we faced unprecedented disruption. That our model’s inherent resilience and our innate agility passed every test during this time – the toughest in our history – invariably must be a key theme of this year’s letter.
We should celebrate our success, review what worked well, and congratulate our employees and their loved ones who valiantly bore the weight of the pandemic and ensured that we were more than equal to the challenge. I thank them all for a truly monumental effort. We should also pay tribute to those among us who paid the ultimate price of the pandemic, and my thoughts and prayers go out to their families and our colleagues who worked closely with them.
The year ended with a record Core EBITDA of US$1,743 million, up 55% year-on-year. Much of this was due to resurgent consumer confidence as lockdowns eased and vaccinations were rolled out in many of our key markets. The rise in global demand sparked a wave of supply disruptions and inflationary pressures, including a steep rise in crude oil prices.
The disruptions played to our strengths as our teams responded with IVL’s traditional agility to ensure a steady supply of products as our customers’ preferred provider across our regional footprint. We also benefited from local market import parity pricing and currency hedging strategies, as well as the return of our shale gas advantage which boosted margins in our key western markets. At the same time, the Group-wide transformation programs that we started three years ago are generating higher-than-expected efficiencies while also modernizing our processes and future-proofing our business.
Mr. Viren Mathia
CEO