High Energy Batteries (India) Ltd 2016 Annual Report
Company: High Energy Batteries (India) Ltd
Sector: Manufacturing
Country: India
Year: 2016
Type: Annual Report
Pages: 79
The report covers FY2015-16, when the company recorded turnover of Rs.2235.54 lakhs, down from Rs.3228.30 lakhs, and a net loss of Rs.(687.98) lakhs. It attributes pressure to delayed defence orders and materials, liquidity constraints and losses in the Lead Acid Batteries division, while noting substantial Silver Zinc orders. The company continued certification under ISO 9001:2008 and ISO 14001:2004 (Revised). It also reported the appointment of Mrs. Lalitha Lakshmanan as an additional director in May 2016.
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