Hindusthan National Glass & Industries Ltd 2020 AR2
The report outlines the financial and operational performance of Hindusthan National Glass & Industries Limited for the fiscal year 2019-2020. Despite facing severe financial stress, increased raw material and power costs, and disruptions from the COVID-19 pandemic, the company continued its focus on energy conservation and technology absorption across its plants. Key initiatives included light-weighting of glass containers to reduce raw material and energy consumption, and increasing the use of recycled glass (cullet) to 35-40%. The company is actively discussing debt resolution plans with its lenders.
Company: Hindusthan National Glass & Industries Ltd
Sector: Materials
Country: India
Year: 2020
Type: AR2
Pages: 122
Hindusthan National Glass & Industries Ltd
Annual Report
The report outlines the financial and operational performance of Hindusthan National Glass & Industries Limited for the fiscal year 2019-2020. Despite facing severe financial stress, increased raw material and power costs, and disruptions from the COVID-19 pandemic, the company continued its focus on energy conservation and technology absorption across its plants. Key initiatives included light-weighting of glass containers to reduce raw material and energy consumption, and increasing the use of recycled glass (cullet) to 35-40%. The company is actively discussing debt resolution plans with its lenders.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees