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
Vardhman Special Steels Ltd
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