Tata Textile Mills Ltd 2024 AR2
The report highlights Tata Textile Mills Limited's commitment to sustainability, innovation, and digital transformation during the 2023-2024 fiscal year. Key achievements include the successful implementation of the cloud-based ERP system Oracle Fusion and the expansion of its solar energy capacity to 4.4 MW, with an additional 3.7 MW under installation. Despite facing macroeconomic challenges such as high energy tariffs and elevated interest rates that resulted in a net loss after tax of PKR 554 million, the company increased its sales by 31.3% to PKR 45.8 billion. On the social front, the company supported community education through TCF schools, conducted adult literacy programs, and prioritized employee health and safety, achieving 7.465 million safe man-hours.
Company: Tata Textile Mills Ltd
Sector: Consumer Discretionary
Country: Pakistan
Year: 2024
Type: AR2
Pages: 135
Tata Textile Mills Ltd
Annual Report
The report highlights Tata Textile Mills Limited's commitment to sustainability, innovation, and digital transformation during the 2023-2024 fiscal year. Key achievements include the successful implementation of the cloud-based ERP system Oracle Fusion and the expansion of its solar energy capacity to 4.4 MW, with an additional 3.7 MW under installation. Despite facing macroeconomic challenges such as high energy tariffs and elevated interest rates that resulted in a net loss after tax of PKR 554 million, the company increased its sales by 31.3% to PKR 45.8 billion. On the social front, the company supported community education through TCF schools, conducted adult literacy programs, and prioritized employee health and safety, achieving 7.465 million safe man-hours.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees