V-Guard Industries Ltd 2024 AR2

The report highlights V-Guard Industries Limited's performance for the fiscal year 2023-24, during which the company achieved a 17.7% increase in consolidated net revenue to reach ₹4,856.67 crore. Key developments included the integration of Sunflame Enterprises and the Simon Electric merger, which strengthened V-Guard's presence in the kitchen appliances and modular switches segments. On the sustainability front, the company defined its ESG strategy, identifying 21 material aspects across seven pillars, and increased its renewable energy capacity, offsetting approximately 2,323 tonnes of CO2 emissions. Additionally, V-Guard expanded its manufacturing footprint with new units in Vapi and Hyderabad.

Company: V-Guard Industries Ltd

Sector: Industrials

Country: India

Year: 2024

Type: AR2

Pages: 340

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V-Guard Industries Ltd

V-Guard Industries Ltd 2024 Annual Report

Annual Report

The report highlights V-Guard Industries Limited's performance for the fiscal year 2023-24, during which the company achieved a 17.7% increase in consolidated net revenue to reach ₹4,856.67 crore. Key developments included the integration of Sunflame Enterprises and the Simon Electric merger, which strengthened V-Guard's presence in the kitchen appliances and modular switches segments. On the sustainability front, the company defined its ESG strategy, identifying 21 material aspects across seven pillars, and increased its renewable energy capacity, offsetting approximately 2,323 tonnes of CO2 emissions. Additionally, V-Guard expanded its manufacturing footprint with new units in Vapi and Hyderabad.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Published

May 16, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees