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We are known by UMS or Untitled Marketing Services based out of Chennai, India. We are in the business of corporate gifting, reward and loyalty solutions for the last few years.
We have been doing a turnover of around INR 5 cr which has dropped in the FY 19-20 to INR 3.97 cr. With the economy slowing down, a 20% drop in revenue and profits has already hit us hard, with COVID-19 adding to the trouble. Given the uncertainty and orders drying up we are in a bad shape with rental expenses, salaries, statutory expenses, loans to be repaid, interest expenses to be met. For a company that's already small, drying up of orders and cashflow uncertainty is hitting us hard.
We are looking for your support to tide over the current crisis to help us stay afloat and help keep our jobs. Thanks for your timely support.
We have been doing a turnover of around INR 5 cr which has dropped in the FY 19-20 to INR 3.97 cr. With the economy slowing down, a 20% drop in revenue and profits has already hit us hard, with COVID-19 adding to the trouble. Given the uncertainty and orders drying up we are in a bad shape with rental expenses, salaries, statutory expenses, loans to be repaid, interest expenses to be met. For a company that's already small, drying up of orders and cashflow uncertainty is hitting us hard.
We are looking for your support to tide over the current crisis to help us stay afloat and help keep our jobs. Thanks for your timely support.
