Usha Martin Ltd 2021 AR2
The report highlights Usha Martin Limited's performance during the fiscal year 2020-21, focusing on its transition to 'Usha Martin 2.0' after exiting its steel business to focus on its core wire rope business. Despite challenges from the COVID-19 pandemic, the company recorded a consolidated revenue of Rs. 2,097.28 crore and improved its consolidated EBITDA margin to 14.90%. The company successfully completed the acquisition of Brunton Wire Ropes FZCo as a wholly-owned subsidiary. Additionally, Usha Martin continued its commitment to sustainability and community development through the Usha Martin Foundation, focusing on health, education, and COVID-19 response initiatives.
Company: Usha Martin Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: AR2
Pages: 228
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Usha Martin Ltd
Annual Report
The report highlights Usha Martin Limited's performance during the fiscal year 2020-21, focusing on its transition to 'Usha Martin 2.0' after exiting its steel business to focus on its core wire rope business. Despite challenges from the COVID-19 pandemic, the company recorded a consolidated revenue of Rs. 2,097.28 crore and improved its consolidated EBITDA margin to 14.90%. The company successfully completed the acquisition of Brunton Wire Ropes FZCo as a wholly-owned subsidiary. Additionally, Usha Martin continued its commitment to sustainability and community development through the Usha Martin Foundation, focusing on health, education, and COVID-19 response initiatives.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees