Vardhman Polytex Ltd 2017 AR2
The report outlines the financial and operational performance of Vardhman Polytex Limited for the fiscal year 2016-17. Despite facing domestic and global challenges in the textile industry, including demonetization, the company achieved a net operating revenue of INR 856.47 crores. The company focused on upgrading its manufacturing capabilities, including the modernization of spindles at Nalagarh and Ludhiana. Additionally, the report highlights the company's efforts in energy conservation, such as installing energy-efficient motors and LED lighting, resulting in significant power savings.
Company: Vardhman Polytex Ltd
Sector: Manufacturing
Country: India
Year: 2017
Type: AR2
Pages: 108
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Vardhman Polytex Ltd
Annual Report
The report outlines the financial and operational performance of Vardhman Polytex Limited for the fiscal year 2016-17. Despite facing domestic and global challenges in the textile industry, including demonetization, the company achieved a net operating revenue of INR 856.47 crores. The company focused on upgrading its manufacturing capabilities, including the modernization of spindles at Nalagarh and Ludhiana. Additionally, the report highlights the company's efforts in energy conservation, such as installing energy-efficient motors and LED lighting, resulting in significant power savings.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees