Automotive Axles Ltd 2014 Annual Report
Company: Automotive Axles Ltd
Sector: Manufacturing
Country: India
Year: 2014
Type: Annual Report
Pages: 79
The report describes improved FY2013-14 financial performance, with sales rising to ₹ 7,576 Million and profit after tax increasing to ₹ 182 Million. It highlights the commissioning of a new 50,000 Sq.Ft. Jamshedpur plant for brakes and trailer axles. The Board formed a Corporate Social Responsibility Committee and approved a CSR policy during the year. Environmental initiatives included rainwater harvesting, resource-efficiency measures and a reported 40% reduction in raw-water consumption over four years.
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