Vardhman Special Steels Ltd 2022 AR2
The report highlights Vardhman Special Steels Limited's record performance in FY22, achieving all-time high production, sales, and profits, with net profit crossing the ₹100 crore milestone. The company successfully transitioned to domestic steel scrap sourcing to enhance cost-competitiveness and sustainability. On the environmental front, Vardhman received clearance to expand its rolled-products capacity and shifted to natural gas in its reheating furnace, significantly improving air quality. Additionally, the company partnered with Aichi Steel to overhaul its safety training methodology and is working towards a zero-accident benchmark.
Company: Vardhman Special Steels Ltd
Sector: Materials
Country: India
Year: 2022
Type: AR2
Pages: 89
Vardhman Special Steels Ltd
Annual Report
The report highlights Vardhman Special Steels Limited's record performance in FY22, achieving all-time high production, sales, and profits, with net profit crossing the ₹100 crore milestone. The company successfully transitioned to domestic steel scrap sourcing to enhance cost-competitiveness and sustainability. On the environmental front, Vardhman received clearance to expand its rolled-products capacity and shifted to natural gas in its reheating furnace, significantly improving air quality. Additionally, the company partnered with Aichi Steel to overhaul its safety training methodology and is working towards a zero-accident benchmark.
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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