Vardhman Special Steels Ltd 2022 Annual Report with Sustainability Disclosures
Company: Vardhman Special Steels Ltd
Sector: Manufacturing
Country: India
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 89
The report highlights Vardhman Special Steels Limited's FY22 record performance, including revenue from operations of ₹1,368.46 crore and a 24% increase in steel output to 1,65,809 MT. It describes a major safety transformation through Toyota Safety training, root-cause analysis and systematic near-miss tracking. Environmental initiatives included switching the reheating furnace from furnace oil to natural gas and installing seven rainwater harvesting systems. The report also records CSR spending of ₹66.66 lakhs and amicable resolution of all 26 customer complaints.
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