Kitex Garments Ltd 2023 AR2
The report highlights Kitex Garments Limited's performance and sustainability initiatives for the fiscal year 2022-23. Despite facing global recessionary headwinds that led to a 29.34% decrease in operating revenue to ₹55,699.55 lakhs, the company continued its major capacity expansion plans in Telangana, investing ₹3,000 crores across facilities in Warangal and Sitarampur. On the environmental front, the company achieved a 98% waste recycling rate and utilized advanced heat recovery systems and automated boilers to enhance energy efficiency. Additionally, women represented 54% of the company's manufacturing workforce, and the company spent ₹511.10 lakhs on CSR initiatives focusing on healthcare, education, housing, and road infrastructure.
Company: Kitex Garments Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: AR2
Pages: 231
Back to company
Kitex Garments Ltd
Annual Report
The report highlights Kitex Garments Limited's performance and sustainability initiatives for the fiscal year 2022-23. Despite facing global recessionary headwinds that led to a 29.34% decrease in operating revenue to ₹55,699.55 lakhs, the company continued its major capacity expansion plans in Telangana, investing ₹3,000 crores across facilities in Warangal and Sitarampur. On the environmental front, the company achieved a 98% waste recycling rate and utilized advanced heat recovery systems and automated boilers to enhance energy efficiency. Additionally, women represented 54% of the company's manufacturing workforce, and the company spent ₹511.10 lakhs on CSR initiatives focusing on healthcare, education, housing, and road infrastructure.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Employees