Somi Conveyor Beltings Ltd 2022 AR2
The report outlines the financial and operational performance of Somi Conveyor Beltings Limited for the fiscal year 2021-2022. Despite challenges from rising raw material costs, the company achieved a turnover of Rs. 5713.85 Lakh, representing a 22.11% growth over the previous year. The company focused on developing eco-friendly conveyor belts with self-cleaning properties and implemented various health, safety, and environmental initiatives, including employee vaccination camps. Although CSR provisions were not legally applicable due to net profit limits, the company continued its philanthropic activities and community engagements.
Company: Somi Conveyor Beltings Ltd
Sector: Manufacturing
Country: India
Year: 2022
Type: AR2
Pages: 131
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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 2021-2022. Despite challenges from rising raw material costs, the company achieved a turnover of Rs. 5713.85 Lakh, representing a 22.11% growth over the previous year. The company focused on developing eco-friendly conveyor belts with self-cleaning properties and implemented various health, safety, and environmental initiatives, including employee vaccination camps. Although CSR provisions were not legally applicable due to net profit limits, the company continued its philanthropic activities and community engagements.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees