Ever since the retirement of legendary former MD of IFFCO, U. S. Awasthi, there had been a sense of unease among those associated with the organization over whether its remarkable winning streak would continue uninterrupted.
Hinting at those concerns indirectly, Dileep Sanghani said that K J Patel had belied all fears and scotched all rumours by steering IFFCO to the highest profits in its history.
Congratulating Patel for his management skills, Sanghani said that IFFCO had achieved a turnover of Rs 45,468 crore and earned a record profit of Rs 4,585 crore. He also thanked various ministries for their unstinted support, as well as the PMO for the trust it had reposed in the IFFCO leadership.
Later, in a lighter vein while responding to a delegate’s demand, Patel remarked that with everyone’s support and the blessings of Lord Jagannath, IFFCO may sooner rather than later achieve a profit figure of Rs 10,000 crore as well.