Nahar Spinning Mills Ltd 2023 AR2
The report outlines Nahar Spinning Mills Limited's financial and operational performance for the fiscal year 2022-23. Despite facing global demand recession and high cotton prices, the company achieved a total income of Rs. 2,841.22 crores and a net profit of Rs. 110.79 crores. The company made significant progress on its expansion plans, including the installation of 16,320 spindles at its Lalru spinning unit and the implementation of a modernization program at Jitwal Kalan. Additionally, the company demonstrated its commitment to sustainability by expanding its rooftop solar capacity toward a target of 8,486 kW and contributing Rs. 5.10 crores to corporate social responsibility initiatives, primarily focusing on healthcare.
Company: Nahar Spinning Mills Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: AR2
Pages: 136
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Nahar Spinning Mills Ltd
Annual Report
The report outlines Nahar Spinning Mills Limited's financial and operational performance for the fiscal year 2022-23. Despite facing global demand recession and high cotton prices, the company achieved a total income of Rs. 2,841.22 crores and a net profit of Rs. 110.79 crores. The company made significant progress on its expansion plans, including the installation of 16,320 spindles at its Lalru spinning unit and the implementation of a modernization program at Jitwal Kalan. Additionally, the company demonstrated its commitment to sustainability by expanding its rooftop solar capacity toward a target of 8,486 kW and contributing Rs. 5.10 crores to corporate social responsibility initiatives, primarily focusing on healthcare.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Published
Sep 25, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees