Somi Conveyor Beltings Ltd 2019 AR2
The report outlines the financial and operational performance of Somi Conveyor Beltings Limited for the fiscal year 2018-2019. The company achieved a turnover of Rs. 5990.14 lakhs and a net profit of Rs. 154.62 lakhs, representing a 52.92% increase in profits despite a slight decline in turnover. Although the provisions of Corporate Social Responsibility (CSR) were not applicable to the company this year due to profits being below the threshold, the company maintained its CSR Committee to focus on unspent CSR amounts from previous years. Additionally, the company continued to prioritize health, safety, and environmental initiatives, focusing on pollution control, waste minimization, and reduced effluent discharge.
Company: Somi Conveyor Beltings Ltd
Sector: Manufacturing
Country: India
Year: 2019
Type: AR2
Pages: 121
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Somi Conveyor Beltings Ltd
Annual Report
The report outlines the financial and operational performance of Somi Conveyor Beltings Limited for the fiscal year 2018-2019. The company achieved a turnover of Rs. 5990.14 lakhs and a net profit of Rs. 154.62 lakhs, representing a 52.92% increase in profits despite a slight decline in turnover. Although the provisions of Corporate Social Responsibility (CSR) were not applicable to the company this year due to profits being below the threshold, the company maintained its CSR Committee to focus on unspent CSR amounts from previous years. Additionally, the company continued to prioritize health, safety, and environmental initiatives, focusing on pollution control, waste minimization, and reduced effluent discharge.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees