AVT Natural Products Ltd 2020 AR2
The report highlights AVT Natural Products Limited's financial and operational performance for the fiscal year 2019-2020, during which the company achieved a 17.37% increase in total income to Rs. 392.32 crores and a 79.11% increase in profit after tax to Rs. 37.80 crores. Despite challenges from climatic vagaries affecting the marigold crop and stiff competition in the value-added tea segment, the company successfully expanded its acreage under cultivation and firmed up prices in the final quarter. The company also advanced its research and development efforts, particularly in marigold hybrid seed development and process improvements, and continued its commitment to sustainability through energy conservation initiatives and community development projects under its CSR policy.
Company: AVT Natural Products Ltd
Sector: Consumer Staples
Country: India
Year: 2020
Type: AR2
Pages: 174
AVT Natural Products Ltd
Annual Report
The report highlights AVT Natural Products Limited's financial and operational performance for the fiscal year 2019-2020, during which the company achieved a 17.37% increase in total income to Rs. 392.32 crores and a 79.11% increase in profit after tax to Rs. 37.80 crores. Despite challenges from climatic vagaries affecting the marigold crop and stiff competition in the value-added tea segment, the company successfully expanded its acreage under cultivation and firmed up prices in the final quarter. The company also advanced its research and development efforts, particularly in marigold hybrid seed development and process improvements, and continued its commitment to sustainability through energy conservation initiatives and community development projects under its CSR policy.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
Sep 23, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees