2.Dhananjay’s views featured in Times of India and Tele.Net

Our MD & CEO shared his two cents with the Times of India on the growing importance of ESG initiatives.

“Sustainability issues are relevant not just for being environmentally friendly, but also for identifying where to place budgets in the long run, minimising risks, limiting costs, and meeting short-term commitments to sustainability,” says Dhananjay in TOI.

In an exclusive interview with Tele.Net, Dhananjay explained in detail the prominent role that Summit Digitel will play in the upcoming 5G wave

“Many infrastructure players have already begun exploring new opportunities by diversifying into fibre, smart cities and small cells. In fact, I do consider that it is both important and practical to use street furniture in developing digital infrastructure,” says Dhananjay.

3.Another milestone reached on LinkedIn!

Our LinkedIn family is now 10,000+ people. This shows that the work being put in by every Summitian being seen by more people everyday.

4.Women’s Day campaign

As part of our celebration of Women’s Day, we have released a video that features the incredible women of Summit Digital as well as their unique contributions to the company. Through the use of a fun and trendy approach, the video has gained significant traction and reinforced our position as a company that values diversity, encourages a culture of inclusion, and promotes a positive ethos.

5. Launch of Data Infrastructure Trust Website

We successfully revamped the existing Data Infrastructure Website.

which published the financial results for the quarter ended Dec 22 with the approval of the board and the statutory auditors.

Revenues were at a very healthy

Rs. 83 billion

while the earnings before Interest, Taxes, Depreciation, and Amortisation, stood at Rs. 32 billion.

Compliance is something that is strictly adhered to at Summit without any compromise. In this regard, we are proud to say that we obtained a clean report from our statutory auditors, and completed Annual Brookfield Reporting as well as SOX (Sarbanes-Oxley Act, US) compliance successfully for 2022.

After the roaring success of SAP/HANA implementation last year, the first phase of SAP go live was completed where we integrated with Reliance SAP, effective January 2023. We are proud to say that our systems are processing more than 1.2 million transactions per month.

Another testimony to our commitment to the highest levels of compliance and strong business fundamentals is with the reaffirmation of ‘AAA’ rating for all debt instruments by rating agencies CRISIL, ICRA and CARE.

Another milestone in our financial books: we had a 7 year tie up towards debt facilities for Rs. 24 billion through Export Development Canada, Canada’s export credit agency that offers trade finance and export credit insurance.

Rs. 12 billion

was also raised through Non-convertible debentures (NCD) for debt refinancing.

At the local level,

Jaipur

New contracts were awarded for extension of corporate office and launching new offices at Jaipur/ Indore, signalling strong business acumen, thereby strengthening our future prospects. Indore