Responsive Industries Ltd 2019 AR2
The report highlights Responsive Industries Limited's strategic transition towards high-margin products, notably launching its innovative 'IMPACT' Luxury Vinyl Tile (LVT) in FY 2019. Despite a 38.7% decline in consolidated revenue to Rs. 7,750.38 million due to this shift, EBITDA grew by 7.5% to Rs. 1,398.64 million, and profit after tax increased threefold to Rs. 294.59 million. The company maintained its long-term debt-free status and initiated a new LVT manufacturing facility in the UAE to expand its global footprint. Additionally, the company voluntarily submitted its Business Responsibility Report, emphasizing its commitment to sustainable practices and community development.
Company: Responsive Industries Ltd
Sector: Manufacturing
Country: India
Year: 2019
Type: AR2
Pages: 175
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Responsive Industries Ltd
Annual Report
The report highlights Responsive Industries Limited's strategic transition towards high-margin products, notably launching its innovative 'IMPACT' Luxury Vinyl Tile (LVT) in FY 2019. Despite a 38.7% decline in consolidated revenue to Rs. 7,750.38 million due to this shift, EBITDA grew by 7.5% to Rs. 1,398.64 million, and profit after tax increased threefold to Rs. 294.59 million. The company maintained its long-term debt-free status and initiated a new LVT manufacturing facility in the UAE to expand its global footprint. Additionally, the company voluntarily submitted its Business Responsibility Report, emphasizing its commitment to sustainable practices and community development.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Published
Sep 27, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees