Vardhman Special Steels Ltd 2023 AR2

The report outlines Vardhman Special Steels Limited's financial and operational performance for the fiscal year 2022-23, highlighting record sales volumes exceeding 200,000 tonnes and revenue crossing ’1,700 crore. A key milestone was the commencement of mass steel production for Toyota in partnership with Aichi Steel Corporation. The company also advanced its sustainability agenda, reporting a low carbon footprint of 0.8 tonnes of CO2 per tonne of steel produced via the Electric Arc Furnace route and initiating a 53,500-tree Miyawaki forest project. Additionally, plans were finalized for a ’300 crore capital expansion to upgrade plant capacity over the next three years.

Company: Vardhman Special Steels Ltd

Sector: Materials

Country: India

Year: 2023

Type: AR2

Pages: 101

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Vardhman Special Steels Ltd

Vardhman Special Steels Ltd 2023 Annual Report

Annual Report

The report outlines Vardhman Special Steels Limited's financial and operational performance for the fiscal year 2022-23, highlighting record sales volumes exceeding 200,000 tonnes and revenue crossing ’1,700 crore. A key milestone was the commencement of mass steel production for Toyota in partnership with Aichi Steel Corporation. The company also advanced its sustainability agenda, reporting a low carbon footprint of 0.8 tonnes of CO2 per tonne of steel produced via the Electric Arc Furnace route and initiating a 53,500-tree Miyawaki forest project. Additionally, plans were finalized for a ’300 crore capital expansion to upgrade plant capacity over the next three years.

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Document Details

Report Year

2023

Reporting Period

Apr 1, 2022 - Mar 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

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