Fiem Industries Ltd 2017 AR2
The report highlights Fiem Industries Limited's financial and operational performance for the fiscal year 2016-2017, emphasizing its leadership in the two-wheeler LED automotive lighting sector. Despite the challenges of demonetization, the company's automotive segment net sales grew by 11%. Fiem successfully raised Rs. 120 crore through a Qualified Institutions Placement (QIP) to fund capital expansion and capacity building. Additionally, the company signed a Technology License and Assistance Agreement with Aisan Industry Co. and Toyota Tsusho Corporation to manufacture canisters in India. Through the Fiem Foundation, the company also continued its corporate social responsibility initiatives, providing significant financial assistance to underprivileged patients at AIIMS.
Company: Fiem Industries Ltd
Sector: Manufacturing
Country: India
Year: 2017
Type: AR2
Pages: 184
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Fiem Industries Ltd
Annual Report
The report highlights Fiem Industries Limited's financial and operational performance for the fiscal year 2016-2017, emphasizing its leadership in the two-wheeler LED automotive lighting sector. Despite the challenges of demonetization, the company's automotive segment net sales grew by 11%. Fiem successfully raised Rs. 120 crore through a Qualified Institutions Placement (QIP) to fund capital expansion and capacity building. Additionally, the company signed a Technology License and Assistance Agreement with Aisan Industry Co. and Toyota Tsusho Corporation to manufacture canisters in India. Through the Fiem Foundation, the company also continued its corporate social responsibility initiatives, providing significant financial assistance to underprivileged patients at AIIMS.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees