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INTERNSHIP REPORT

A report submitted under the National Education


Policy 2020 to be awarded the degree of

‘BACHELOR OF COMMERCE’
By
Rimjhim Agrahari
Class – B.com 3rd
Semester – 5th
Roll Number – 40622840211
YEAR – 2023 – 24
Under Supervision of
Mr. Vipin G.
(Human Resource)
INEVITABLE GROUP
Hazratganj, Lucknow, Uttar Pradesh
(Duration 04th Dec 2023 to 02nd Jan 2024)

G.D. BINANI POST GRADUATE COLLEGE


Bharuhana, Mirzapur
(Affillated to Mahatma Gandhi Kashi Vidyapith, Varanasi)
DEPARTMENT OF COMMERCE
G.D. BINANI POST GRADUATE COLLEGE
Bharuhana, Mirzapur
(Affillated to Mahatma Gandhi Kashi Vidyapith, Varanasi)

CERTIFICATE

This is to certify that the “ Internship Report “ Submitted by


RIMJHIM AGRAHARI at Inevitable Group, Hazratganj, Lucknow
was prepared by her and submitted during the 2023 – 24
academic year in fulfilment of the requirements for the
degree of “ BACHELOR OF COMMERCE ”

Internship Coordinator Principal


Mr. Vinod Kr. Pandey Mrs. Beena Singh
Acknowledgement

The success and final outcome of this project required a lot of guidance
and assistant from many people and I am extremely fortunate to have
their support till the completion of my report work.

The internship opportunity I had with Mr. Vipin K. was a great chance
for learning and professional development.

I would like to express my special thanks to our faculty


coordinator Mr. Vinod Kr. Panday as well as our Principal
Mrs. Beena Singh who gave me the golden opportunity to do
internship, which helped me in learning a lot of new things and also a
warm exposure to the world of accountancy and finance.

I would also like to thank my parents who encouraged me to complete


the internship and also my friends who always helped me when there
was a need of their help during the project.

It is a great opportunity and pleasure for me to express my profound


gratitude towards all the individuals who directly and indirectly
contributed towards completion of this report.

Thank you

Rimjhim Agrahari
B.com - 3rd Year
Semester – Vth
CONTENT TABLE

S PAGE
TOPIC
NO. NUMBER

1 Introduction 1-2

2 About the Company 3-8

a) Scale of Company

b) The Study of Structure

3 Workers and their Positions, Expenses Control 9 - 15

4 Work of Company 16 - 23

a) AI/ML Solution

b) Website Development

c) Mobile App Development

5 Growth of the Company 24 - 27

a) Profit and Loss Account

b) Balance Sheet

6 Conclusion 28 - 30
INTRODUCTION

Inevitable Electronics is a pioneering entity within the Inevitable


Group, specializing in PCB assembly and electronics product marketing.
Inevitable Group was Established in 2018, as the electronic product
design, development, and production arm of the Inevitable Group, it
operates in synergy with other associated companies such as Inevitable
Infotech and Inevitable Products, along with strategic partners across
diverse sectors.

Since its inception, Inevitable Infotech has forged a remarkable journey


in Product Engineering, Cloud Solutions, and Manufacturing. This
trajectory has enabled the company to offer next-generation enterprise
solutions, encompassing end-to-end services in design, development,
and manufacturing, all consolidated within a single framework.
At the core of Inevitable Infotech's mission is the commitment to
deliver a comprehensive solution ecosystem, serving as a one-stop-
shop for valued customers. This encompasses a range of offerings
including hardware, software, mechanical engineering, testing,
prototyping, and manufacturing services. The vision is to empower
customers in realizing their project aspirations through cutting-edge
technology innovations in Electronics & Embedded Systems, AI/ML, IoT,
and cloud-based software solutions.

To facilitate this vision, Inevitable Infotech has strategically established


Research & Development centers, state-of-the-art Quality Testing labs,
and world-class manufacturing facilities in India. The company's
headquarters are situated in Lucknow, Uttar Pradesh, India, with a
significant development center in Bangalore, Karnataka, India, and a
strategic marketing office in New Delhi, the capital of India.

Through its holistic approach to technological innovation and service


delivery, Inevitable Infotech continues to drive advancements in the
electronic product landscape, catering to the evolving needs of its
clientele and fostering impactful solutions in the realm of electronics,
software, and manufacturing.
ABOUT THE COMPANY

Inevitable Electronics has been engaged in PCB assembly and electronics


products marketing since its inception. It is an electronic product design,
development and production wing of Inevitable Group of companies.
Inevitable Group consist of other companies associated with different
sectors, named as Inevitable Infotech, Inevitable Products and other
valuable partners.

From the day of inception, Inevitable Infotech travelled a long path in


Product Engineering, Cloud Solutions and Manufacturing sectors to provide
next-generation enterprise solutions to valuable customers with end-to-end
design, development, and manufacturing, all under one roof.

Inevitable Infotech is a software development wing of Inevitable group of


companies which consist of other companies associated with different
sectors, named Inevitable Electronics and Inevitable Products In correlation
with our other wings, they offer a new & unique solution ecosystem of a
one-stop-shop for our customers by offering complete hardware, software,
mechanical, testing, prototyping, and manufacturing services. Our vision is
to help customers to achieve their dream projects with our next technology
innovation in the space of Electronics & Embedded, AI/ML, IoT, and cloud
based supportive software solutions. To enable the same, we have set up
Research & Development centers, Quality Testing lab infrastructure, and
world-class manufacturing facilities in India.
SCALES OF COMPANY
As of the latest available data, Inevitable Electronics stands as a for mid
table entity within the technology and electronics industry, boasting a
substantial size and a robust organizational structure. As part of the
esteemed Inevitable Group, which encompasses various companies
associated with different sectors, including Inevitable Infotech and
Inevitable Products, our collective reach and capabilities are extensive.

In terms of workforce, Inevitable Electronics employs a highly skilled and


diverse team of professionals spanning across multiple disciplines. Our
personnel include talented engineers, designers, developers, technicians,
quality assurance specialists, and administrative staff, all working cohesively
to drive innovation and deliver top-notch solutions to our clients.

The company's physical infrastructure is also noteworthy, with strategically


located offices and facilities to support our operations efficiently. This
includes our India headquarters in Lucknow, a development center in
Bangalore, and a marketing office in New Delhi. Additionally, we have
invested in cutting-edge Research & Development centers, Quality Testing
labs, and world-class manufacturing facilities across India to ensure that we
stay at the forefront of technological advancements.
In terms of market presence and clientele, Inevitable Electronics has
established a strong footprint both domestically and internationally. We
cater to a diverse range of customers, including small and medium-sized
enterprises (SMEs), large corporations, government agencies, and startups,
providing them with tailored solutions that meet their specific needs and
requirements.

Overall, the size of Inevitable Electronics is a testament to our dedication to


excellence, innovation, and customer satisfaction. We continue to grow and
expand our capabilities, aiming to remain a leading player in the electronics
and technology landscape while consistently delivering value to our
stakeholders.
THE STUDY OF STRUCTURE
As a marketing executive within the software wing of the Inevitable Group,
conducting a structural study of the company is crucial to understanding its
organizational framework and operational dynamics. This analysis helps in
aligning marketing strategies, identifying target audiences, and optimizing
communication channels to promote our software solutions effectively.
Below is a comprehensive structural study of Inevitable Group from a
marketing executive's perspective:

1. Organizational Overview: Inevitable Group is a conglomerate comprising


multiple companies across diverse sectors, including Inevitable Infotech
(software development), Inevitable Electronics (electronic product
design), Inevitable Products, and strategic partners. Each entity
contributes to the group's overall growth and market presence.

2. Hierarchical Structure: At the top of the hierarchy is the board of


directors, providing strategic direction and governance oversight. The
executive leadership team, led by the CEO and including executives like
the CMO (Chief Marketing Officer) and CTO (Chief Technology Officer),
oversees day-to-day operations, strategic planning, and functional areas
such as marketing, technology, finance, and operations.
3. Functional Departments:

• Marketing Department: Responsible for developing marketing


strategies, promoting products/services, conducting market
research, managing branding, advertising, digital marketing, and
public relations.

• Sales Department: Focuses on identifying sales opportunities,


nurturing client relationships, negotiating contracts, and achieving
revenue targets.

• Product Development: Collaborates with R&D teams to


conceptualize, develop, and enhance software solutions based on
market trends, customer feedback, and technological
advancements.

• Customer Support: Provides post-sales support, resolves customer


queries/issues, and ensures customer satisfaction and retention.

• Finance and Accounting: Manages financial operations, budgeting,


financial reporting, and compliance.

• Human Resources: Handles recruitment, training, performance


management, and employee welfare initiatives.

4. Communication Channels: Effective communication channels are


essential for aligning marketing strategies with organizational goals.
Regular meetings, email communications, collaboration tools, and CRM
(Customer Relationship Management) systems facilitate seamless
coordination between marketing, sales, product development, and other
departments.
5. Geographical Presence: Inevitable Group has a diverse geographical
presence with headquarters in Lucknow, India, and operational centers in
Bangalore and New Delhi. This strategic distribution enables targeted
marketing campaigns, localized promotions, and better customer
engagement across different regions.

6. Technology and Tools: As a marketing executive, leveraging technology


and tools such as marketing automation platforms, analytics software,
CRM systems, social media management tools, and content management
systems (CMS) is essential for data-driven decision-making, campaign
optimization, and measuring marketing ROI.

7. Corporate Culture and Values: Inevitable Group fosters a culture of


innovation, teamwork, integrity, customer-centricity, and continuous
learning. Understanding and promoting these core values through
marketing initiatives can enhance brand perception, customer trust, and
long-term business relationships.

Conducting a structural study of Inevitable Group from a marketing


executive's perspective involves analyzing the organizational hierarchy,
functional departments, communication channels, geographical presence,
technology utilization, and corporate culture. This holistic understanding
enables marketing executives to craft targeted strategies that resonate with
target audiences, drive engagement, and contribute to the overall growth
and success of the company.
WORKERS AND THEIR POSITIONS,
EXPENSES CONTROL
As a marketing executive within the software wing of the Inevitable Group,
understanding the roles and designations of employees across the
organization is crucial for effective collaboration, communication, and
coordination. Here's an overview of the typical employee designations and
their respective roles within the Inevitable Group:

1. Executive Leadership Team:

• CEO (Chief Executive Officer): The CEO is responsible for setting the
overall strategic direction, vision, and goals of the organization. They
provide leadership to the executive team and ensure alignment with
the company's mission and values.

• CMO (Chief Marketing Officer): As a marketing executive, you may


report to the CMO. The CMO oversees all marketing activities,
including branding, advertising, digital marketing, market research, and
customer engagement strategies.

• CTO (Chief Technology Officer): The CTO leads the technology and
product development teams, driving innovation, technological
advancements, and ensuring the successful delivery of software
solutions.
• CFO (Chief Financial Officer): The CFO manages financial operations,
budgeting, financial planning, and ensures compliance with financial
regulations and reporting standards.

2. Marketing Department:

• Marketing Manager: Oversees day-to-day marketing activities,


develops marketing strategies, manages campaigns, and collaborates
with internal teams and external agencies to achieve marketing goals.

• Digital Marketing Specialist: Focuses on digital marketing channels


such as social media, email marketing, SEO, SEM, and content
marketing to generate leads, increase brand awareness, and drive
website traffic.

• Content Writer/Copywriter: Creates compelling content for marketing


collateral, websites, blogs, social media posts, email campaigns, and
other communication channels to engage audiences and promote
brand messaging.

• Graphic Designer: Designs visual elements, graphics, infographics, and


layouts for marketing materials, advertisements, presentations, and
branding initiatives.

• Marketing Analyst: Utilizes data analytics tools to analyze marketing


performance, track key metrics, generate reports, and provide insights
for optimizing marketing strategies and campaigns.
• Marketing Coordinator: Assists in coordinating marketing projects,
events, and campaigns, liaises with vendors, manages schedules, and
ensures smooth execution of marketing initiatives.

3. Sales Department:

• Sales Manager: Leads the sales team, sets sales targets, develops sales
strategies, manages client relationships, and monitors sales
performance.

• Sales Executive/Representative: Engages with prospects, conducts


sales pitches, negotiates contracts, closes deals, and maintains
relationships with existing clients.

• Business Development Manager: Identifies new business


opportunities, explores potential markets, builds partnerships, and
develops strategies for business growth and expansion.

4. Product Development and Technology:

• Product Manager: Oversees the development and lifecycle of


software products, defines product features, prioritizes
enhancements, conducts market research, and collaborates with
cross-functional teams.

• Software Developer/Engineer: Designs, codes, tests, and maintains


software applications, platforms, and systems based on project
requirements and industry best practices.
• QA (Quality Assurance) Engineer: Conducts testing, identifies bugs,
ensures software quality, and collaborates with developers to resolve
issues before product release.

• UX/UI Designer: Designs user interfaces, wireframes, and prototypes,


conducts user research, and ensures intuitive and user-friendly
software design.

• Systems Administrator: Manages IT infrastructure, networks, servers,


security protocols, and provides technical support to internal teams.

5. Human Resources (HR):

• HR Manager: Manages HR policies, recruitment, talent acquisition,


employee relations, performance management, training, and
development initiatives.

• HR Coordinator: Assists in HR administrative tasks, coordinates


recruitment processes, maintains employee records, and supports HR
programs and initiatives.

Understanding the roles and designations within the Inevitable Group helps
marketing executives like you collaborate effectively, leverage resources,
and align marketing strategies with organizational objectives to drive
business growth and success.
EXPENSES MANAGEMENT

As a marketing executive within the software wing of the Inevitable Group,


understanding and effectively managing expenses is crucial for maintaining
financial health, optimizing resources, and supporting strategic initiatives.
Here's an overview of expenses management within the organization:

1. Expense Categories:

Expenses within the software wing of Inevitable Group can be categorized


into several key areas:

• Marketing Expenses: These include costs related to advertising


campaigns, digital marketing initiatives, promotional materials, events,
sponsorships, and marketing agency fees.

• Technology and Infrastructure Expenses: This category encompasses


expenses for software licenses, development tools, IT infrastructure,
cloud services, hosting, maintenance, and upgrades.

• Personnel Expenses: This includes salaries, benefits, bonuses, training,


and travel expenses for marketing team members, developers,
designers, and other personnel.
• Administrative Expenses: These are general operational expenses
such as office rent, utilities, office supplies, communication services,
insurance, and administrative staff salaries.

• Travel and Entertainment Expenses: This includes expenses related to


business travel, client meetings, conferences, networking events, and
entertainment expenses for client engagements.

2. Budgeting and Planning:

As a marketing executive, you play a crucial role in budgeting and planning


for marketing expenses. This involves collaborating with finance teams,
setting budget allocations for different marketing campaigns and activities,
forecasting expenses based on past performance and market trends, and
ensuring adherence to budgetary constraints.

3. Expense Approval and Control:


Inevitable Group likely has established processes for expense approval and
control. This includes submitting expense requests, obtaining approvals
from relevant stakeholders or managers, monitoring expenses in real-time
using expense management software or tools, and implementing controls to
prevent overspending or unauthorized expenses.

4. Vendor and Contract Management:


Managing vendor relationships and contracts is another aspect of expenses
management. This includes negotiating favorable terms and pricing with
marketing agencies, technology vendors, suppliers, and service providers to
optimize costs and ensure value for money.
5. Expense Tracking and Reporting:
Utilizing expense tracking tools or software, you can monitor and track
expenses across different categories in real-time. This allows you to
generate expense reports, analyze spending patterns, identify cost-saving
opportunities, and provide insights to management for informed decision-
making.

6. Cost Optimization Strategies:


As a marketing executive, you can contribute to cost optimization strategies
by identifying areas where expenses can be reduced or optimized without
compromising quality or effectiveness. This may involve evaluating ROI
(Return on Investment) for marketing campaigns, streamlining processes,
renegotiating contracts, and exploring more cost-effective alternatives.

7. Compliance and Audit:


Ensuring compliance with internal policies, financial regulations, and audit
requirements is essential in expenses management. This includes
maintaining accurate records, documenting expenses, adhering to approval
processes, and cooperating with internal audit teams or external auditors as
needed.

By effectively managing expenses in these key areas, you contribute to the


overall financial stability, efficiency, and success of the software wing within
Inevitable Group while maximizing the impact of marketing initiatives and
resources.
WORK OF COMPANY
As a marketing executive at the software wing of Inevitable Group, I am
proud to showcase our comprehensive range of innovative services that
cater to the evolving needs of modern businesses. Our commitment to
leveraging cutting-edge technologies such as Artificial Intelligence/Machine
Learning (AI/ML), Web Development, and Mobile App Development sets us
apart as a trusted partner for digital transformation and business growth.

1. AI/ML Solutions:
Harnessing the power of AI and ML, we deliver intelligent solutions that
drive efficiency, automation, and data-driven decision-making. Our AI/ML
services include:
• Predictive Analytics: Utilizing advanced algorithms to forecast trends,
customer behavior, and business outcomes, empowering companies
to make proactive decisions.
• Natural Language Processing (NLP): Enhancing customer interactions
through chatbots, sentiment analysis, and voice recognition,
improving user experience and engagement.
• Machine Learning Models: Developing customized ML models for
tasks such as image recognition, fraud detection, recommendation
systems, and personalized marketing strategies.

2. Web Development:
Our expertise in Web Development encompasses designing and creating
dynamic, user-centric websites that elevate online presence and
functionality. Key services include:
• Responsive Web Design: Crafting websites that adapt seamlessly to
various devices, ensuring optimal user experience across desktops,
tablets, and mobile devices.
• E-Commerce Solutions: Building secure and scalable e-commerce
platforms with features like shopping carts, payment gateways,
inventory management, and customer accounts.
• Content Management Systems (CMS): Implementing robust CMS
solutions like WordPress, Drupal, and Joomla for easy content
updates, SEO optimization, and site maintenance.

3. Mobile App Development:


In the realm of Mobile App Development, we specialize in crafting intuitive,
feature-rich applications that resonate with users and drive engagement.
Our services include:
• Native App Development: Building native apps for iOS (Swift) and
Android (Java/Kotlin) platforms, leveraging platform-specific features
for optimal performance and user experience.
• Hybrid App Development: Developing cross-platform apps using
frameworks like React Native, Xamarin, and Flutter, reducing
development time and costs while maintaining quality.
• App Maintenance and Support: Providing ongoing maintenance,
updates, and technical support to ensure app functionality, security,
and compatibility with new OS versions.
At Inevitable Group's software wing, we are dedicated to empowering
businesses with transformative AI/ML solutions, innovative Web
Development services, and engaging Mobile App Development capabilities.
AI/ML SOLUTIONS

As a marketing executive at Inevitable Group's software wing, I'm excited


to delve into our AI/ML services, which are revolutionizing businesses across
industries. Our AI/ML solutions harness the latest technologies to deliver
transformative outcomes and drive strategic advantages for our clients.
Here's a detailed overview of our AI/ML services based on the provided
information:

1. Intelligent Solutions for Business Transformation:


We specialize in crafting next-generation intelligent solutions that leverage
the power of Artificial Intelligence (AI) and Machine Learning (ML)
technologies. These solutions are designed to transform businesses,
streamline operations, and enhance overall efficiency.

2. AI's Role in Customer Experience Enhancement:


AI serves as a pioneering platform that elevates customer experience to
unprecedented levels. Through AI-powered solutions, we enable businesses
to understand customer behavior, preferences, and patterns, thereby
delivering personalized and targeted experiences that resonate with their
audience.
3. Efficiency and Quality Improvement through Automation:
One of the key benefits of AI is its ability to automate repetitive tasks,
reducing reliance on human power and improving operational efficiency. By
automating mundane tasks, businesses can allocate resources more
effectively, minimize errors, and focus on strategic initiatives.

4. Comprehensive Machine Learning Offerings:


Our Machine Learning offerings encompass a wide range of capabilities,
including:

• Deep Learning: Harnessing neural networks for complex pattern


recognition and decision-making.
• Video Analytics: Extracting valuable insights from video data for
security, marketing, and operational purposes.
• Natural Language Processing (NLP): Analyzing and understanding
human language for sentiment analysis, chatbots, and content
categorization.
• Predictive Analytics: Leveraging data-driven algorithms to forecast
trends, behavior, and outcomes, empowering businesses to make
proactive decisions.

5. Future-Readiness with AI-Powered Solutions:


In today's rapidly evolving digital landscape, being future-ready is
imperative. Our AI-powered solutions enable businesses to stay ahead of
the curve by solving key challenges, making data-driven decisions, and
unlocking new opportunities for growth and innovation.
WEB DEVELOPMENT
I'm thrilled to highlight our comprehensive web development services
that empower clients to create unique, creative, and beautiful digital
experiences. Our web development services are designed to empower
clients to build distinct and engaging digital experiences that captivate their
audience. We prioritize creativity, functionality, and user-centric design to
ensure that every website we develop stands out in the digital landscape.

1. Customized UX/UI Solutions:


We offer a range of UX/UI services tailored to meet the unique needs and
objectives of each client. Our expert designers collaborate closely with
clients to understand their brand identity, target audience, and desired user
experience, creating customized designs that resonate with users and drive
engagement.

2. Creative and Beautiful Designs:


Our focus on creativity and aesthetics ensures that every website we create
is not only functional but also visually stunning. We pay attention to every
detail, from color schemes and typography to layout and interactive
elements, to deliver beautiful designs that leave a lasting impression.
3. Responsive and Mobile-Friendly Design:
With the increasing use of mobile devices, we understand the importance of
responsive and mobile-friendly design. Our websites are optimized to
provide a consistent, optimal experience across desktops, tablets, and
smartphones, enhancing accessibility and user satisfaction.

4. Technological Expertise:
Our team of developers uses the latest web technologies and frameworks to
bring our designs to life. Whether its front-end development using React,
Angular, Bootstrap, Vue.js, Magento, NodeJS, HTML5, CSS3, Shopify,
WordPress, Sass, and JavaScript libraries, or back-end development with
robust content management systems (CMS) like WordPress, we ensure that
our websites are functional, scalable, and secure.

UI Designing –
For Web, Mobile, Responsive site
Tablet, Wearable design &
Applications’ development
Interfaces

HTML
Conversion – PSD
Mobile site
to HTML, PSD to
design &
Responsive
development
HTML, PSD to
HTML 5
MOBILE APP DEVELOPMENT
I am excited to showcase our expertise in mobile app development,
providing cutting-edge solutions that match the evolving needs of
businesses. We understand that each business has unique requirements and
objectives. Our mobile app development services are tailored to match the
specific needs of our clients, whether it's developing consumer-facing apps,
enterprise solutions, e-commerce apps, or niche industry-specific
applications.

1. Extensive Expertise in Latest Mobile Technologies:


Our team's proficiency in the latest mobile technologies and platforms gives
us a competitive edge in delivering innovative mobile services and solutions.
We stay updated with industry trends and advancements, ensuring that our
clients benefit from state-of-the-art mobile solutions that drive business
growth.

2. Comprehensive Full-Cycle Development Services:


From ideation to publishing, our full-cycle mobile app development services
cover every stage of the development process. We work closely with clients
to conceptualize app ideas, design user interfaces, develop robust
functionalities, conduct thorough testing, and facilitate app deployment to
app stores.
3. End-to-End Development Process:
Our end-to-end development process ensures a seamless and efficient
journey from concept to launch. We follow industry best practices, agile
methodologies, and quality assurance protocols to deliver high-performing,
scalable, and user-friendly mobile apps that exceed client expectations.

4. Strategic Ideation and Planning:


We believe in strategic ideation and planning to ensure that mobile apps
align with business goals and user expectations. Our team conducts
thorough market research, competitor analysis, and user testing to validate
ideas, refine concepts, and create app strategies that drive success.

5. User-Centric Design and Experience:


User experience (UX) and user interface (UI) design are at the core of our
mobile app development process. We prioritize intuitive navigation,
engaging visuals, seamless interactions, and responsive designs to deliver
exceptional user experiences that keep users engaged and delighted.

M-
Social
Commerce
Media Apps
Apps

Android OS Enterprise
Source Mobility
code Solutions
GROWTH OF THE COMPANY

As a marketing executive at Inevitable Group's software wing, I am


pleased to present the progress of our company over the past year. Our
commitment to innovation, client satisfaction, and technological excellence
has driven significant growth and achievements across various metrics.

A. Market Position and Contribution:


Inevitable Group has solidified its market position as a leading provider of
innovative software solutions. Our contributions to the industry have been
substantial, driving technological advancements, empowering businesses,
and creating value for our stakeholders.

B. Digital Transformation as a Catalyst:


Our commitment to digital transformation has served as a catalyst for
growth and innovation. By embracing emerging technologies such as
Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT),
and cloud-based solutions, we have positioned ourselves at the forefront of
digital evolution.

C. Recent Gains and Stock Performance:


In recent years, Inevitable Group has experienced significant gains and
demonstrated strong stock performance. Our strategic initiatives, market
expansion efforts, and focus on delivering value-driven solutions have
contributed to investor confidence and stock market success.
D. A Case in Point:
A notable case showcasing our progress is our successful partnership with a
leading e-commerce giant. Through our tailored software solutions, we
helped streamline their operations, enhance customer experiences, and
achieve remarkable business growth, highlighting the tangible impact of our
services.

E. Five-Year Sales Performance Bar Graph:

Sales Progress Graph


80

70

60

50

40

30

20

10

0
2019 2020 2021 2022 2023

AI/ML Web - Development Mobile Apps

This bar graph illustrates the progress of Inevitable Group across key areas,
showcasing our strong market position, digital transformation initiatives,
stock performance, successful case studies, and achievements in talent
retention and client acquisitions.
PROFIT AND LOSS ACCOUNT
In this current report, I am going to present the profit and loss account of
Inevitable Group for the last two years. The company operates in the range
of 80 lakhs to 1 crore turnover annually.

INEVITABLE GROUP
HAZRATGANJ, LUCKNOW -226001
PROFIT AND LOSS STATEMENT
IN (₹)
PARTICULARS 2023 2022
Revenue
Sales revenue 8900000.00 8200000.00
Commission revenue 1200000.00 900000.00
Total Revenues 10100000.00 9100000.00

Expenses
Advertising Expenses 285000.00 205400.00
Bad debt 63400.00 75800.00
Commissions 620000.00 480000.00
Depreciation 937500.00 796500.00
Employees Welfare Expenses 116500.00 72500.00
Insurance 280000.00 230000.00
Bank Charges 43254.00 53541.00
Maintenance and repairs 336000.00 542000.00
Printing & Stationary 84250.00 70500.00
Rent 1000000.00 700000.00
Research and development 712000.00 1580200.00
Salaries 1500000.00 1200000.00
Software Expenses 800000.00 600000.00
Travel & Conveyance 315000.00 252000.00
Power & Fuel 165000.00 131500.00
Web hosting and domains 385600.00 326420.00

Total Expenses 7643504.00 7316361.00

Net Profit 2456496.00 1783639.00


BALANCE SHEET
INEVITABLE GROUP
HAZRATGANJ, LUCKNOW -226001
BALANCE SHEET STATEMENT
IN (₹)
Particulars 31.03.2023 31.03.2022

I. EQUITY AND LIABILITIES


(1) Shareholder's funds
(a) Share capital 5954000.00 4468500.00
(b) Reserve and Surplus 2456496.00 1783639.00

(3) Non-current liabilities


(a) Long-term borrowings 3260000.00 2550000.00

(4) Current liabilities


(a) Short-term borrowings 700000.00 500000.00
(b) Trade payables 165840.00 124540.00

Total 125,36,336.00 94,26,679.00

II. ASSETS
Non-current assets
(1) (a) Fixed assets
(i) Tangible assets 6250000.00 5310000.00
(ii) Intangible assets 500000.00 400000.00
(b) Non-current investments 3350000.00 2040000.00

(2) Current assets


(a) Current investments 384500.00 268000.00
(c) Trade receivables 454200.00 285400.00
(d) Cash and cash equivalents
Cash In Hand 532580.00 534850.00
STATE BANK OF INDIA 125480.00 23820.00
CANARA BANK 695640.00 421540.00
HDFC BANK 243936.00 143069.00

Total 1,25,36,336.00 94,26,679.00


CONCLUSION
As a marketing executive at Inevitable Group's software wing, I am
proud to conclude that our company stands as a beacon of innovation,
excellence, and customer-centricity in the ever-evolving landscape of
technology and software solutions. Through our relentless commitment to
delivering cutting-edge products and services, we have established a strong
market presence, earned the trust of our clients, and achieved significant
milestones along our journey.

Our focus on digital transformation as a catalyst for growth has propelled us


forward, enabling us to harness emerging technologies such as Artificial
Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and cloud-
based solutions to drive tangible results for businesses across industries. We
have consistently demonstrated our ability to adapt to changing market
dynamics, anticipate customer needs, and deliver value-driven solutions
that empower our clients to succeed in a competitive environment.

Our recent gains and robust stock performance are a testament to our
strategic vision, operational excellence, and dedication to shareholder value.
We have leveraged our expertise, talent pool, and collaborative approach to
secure impactful deals, drive business growth, and create sustainable value
for all stakeholders.

A notable Internship study underscores our capabilities, showcasing how our


tailored software solutions have transformed operations, boosted customer
experiences, and fueled business growth for a leading e-commerce giant.
This success story shows the real-world impact of our services and
reinforces our reputation as a trusted partner for digital transformation
initiatives.
Upon analyzing the Profit and Loss Statement and Balance Sheet of
Inevitable Group for the fiscal years 2023 and 2022, I can derive several key
insights and draw a brief conclusion about the company's financial
performance and position.

1. Revenue Growth: In 2023, the company's total revenues increased to


₹10,100,000 from ₹9,100,000 in 2022, indicating a growth trajectory.

2. Expense Management:

a) Total expenses in 2023 amounted to ₹7,643,504 compared to


₹7,316,361 in 2022, indicating effective cost management despite
increased revenues.

b) While some expenses like advertising, bad debt, and bank charges
increased slightly, others such as software expenses and research and
development saw notable reductions.

3. Profitability:

a) The company's net profit is ₹2,456,496 in 2023 from ₹1,783,639 in


2022, reflecting enhanced profitability and operational efficiency.

b) This increase in net profit indicates that the company's revenue


growth outpaced its expense growth, leading to improved bottom-
line results.
4. Balance Sheet Highlights:

a) Shareholder's funds, including share capital and reserves, witnessed


significant growth, indicating investor confidence and positive
retained earnings.

b) Non-current liabilities and current liabilities both increased,


suggesting strategic investments and working capital management
initiatives.

5. Asset Structure:

a) Non-current assets, including fixed assets and non-current


investments, demonstrated substantial growth, signifying expansion
and asset acquisition activities.

b) Current assets, such as current investments, trade receivables, and


cash equivalents, also saw healthy increases, ensuring liquidity and
financial stability.

Overall, Inevitable Group has showcased commendable financial


performance and stability in the fiscal year 2023. The company has
effectively managed its expenses while driving revenue growth, leading to
improved profitability and a strengthened balance sheet. The increase in net
profit, shareholder's funds, and asset base reflects the company's resilience,
strategic initiatives, and ability to capitalize on market opportunities. These
financial indicators represent Inevitable Group as a strong and promising
entity in the IT sector, poised for continued growth and success in the
future.

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