Annual Report

Overview

The report presents 2024 as a difficult year marked by restructuring, shareholder transition and continued losses, but highlights delivery of three hybrid 5,000 DWT bulk carriers and 183 ship repairs. The Group reported revenue of Rs. 25,447.0 million and reduced its net loss versus 2023. Sustainability disclosures include ISO 14001, ISO 45001 and ISO 50001 certifications, a corporate-wide HSE system, and employee training and CSR activities. The report also describes investment in greener shipbuilding, energy efficiency and specialized cable-laying and offshore markets.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Language: English
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