Rico Auto Industries Ltd 2021 Annual Report with Sustainability Disclosures
Company: Rico Auto Industries Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 175
The report describes RICO's FY2020-21 performance amid the COVID-19 pandemic, including consolidated revenue of ₹1,488.44 crores and the acquisition of a 70% stake in Rico Friction Technologies Limited. It highlights continued development and supply of electric-vehicle and electrified-vehicle components. The company reports CSR spending of ₹90.24 Lakhs, including community kitchens, rural development, COVID-related relief, healthcare, education and skill development initiatives.
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