V-Guard Industries Ltd 2022 AR2
The report highlights V-Guard Industries Limited's performance and strategic initiatives during the fiscal year 2021-22. Despite challenges from the pandemic and commodity inflation, the company achieved its highest-ever net revenue of Rs 3,474.65 crores, representing a 28.7% growth. Key developments included the incorporation of a wholly-owned subsidiary, V-Guard Consumer Products Limited, to scale up in-house manufacturing, and the strategic amalgamation with Simon Electric Private Limited. On the ESG front, the company implemented energy conservation projects saving 3,43,088 kWh of energy and mitigating 1,86,150 kg of CO2 emissions. Additionally, V-Guard invested Rs 501.65 lakhs in CSR initiatives focusing on healthcare, education, and community development.
Company: V-Guard Industries Ltd
Sector: Industrials
Country: India
Year: 2022
Type: AR2
Pages: 301
V-Guard Industries Ltd
Annual Report
The report highlights V-Guard Industries Limited's performance and strategic initiatives during the fiscal year 2021-22. Despite challenges from the pandemic and commodity inflation, the company achieved its highest-ever net revenue of Rs 3,474.65 crores, representing a 28.7% growth. Key developments included the incorporation of a wholly-owned subsidiary, V-Guard Consumer Products Limited, to scale up in-house manufacturing, and the strategic amalgamation with Simon Electric Private Limited. On the ESG front, the company implemented energy conservation projects saving 3,43,088 kWh of energy and mitigating 1,86,150 kg of CO2 emissions. Additionally, V-Guard invested Rs 501.65 lakhs in CSR initiatives focusing on healthcare, education, and community development.
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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
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees