I'm proud to announce that Paras has completed 50 years. It's a moment of pride, joy and immense satisfaction. And it's not just another 50 years, but 50 years of purity, 50 years of providing pure natural and trustworthy products. In the last 50 years, we have built a reputation of being an honest company, as Paras today stands as a synonym for purity.
Along the feats we have achieved so far, the last few years have been very special. By making significant investments in technology, we have managed to add capacity and modernization. And the technological advancement has helped us rub shoulders with many world-class diary giants, in terms of range of products,
quality of products and capacity of milk handling. As a result of which, the company top line and bottom line also grew at breakneck speed over the last few years. despite economic setbacks, Paras managed to maintain reasonable profitability though effective cost managements and synergies achieved after amalgamation of dairy business.
Your company has always sought a larger sense of societal purpose within its business objectives. During the current financial year, Lucknow MPD Milk Project was further strengthened with opening of 14 new automatic Milk Procurement Centres, thereby total strength of Centres now at 42 nos. covering 5000 villages by involving approx 1,54000 villagers directly. And it's growing by leaps and bounds. Your company also endeavors to continue expansion of such projects as it directly benefits society and to the company.
It has been a privilege for me to witness the transformational changes across wide spectrum of our dairy business in the last 50 year. The journey would have been incomplete without you. I seek your continued support in our efforts to take your Company to new heights in the future.