VIP Industries Ltd 2021 AR2
The report outlines V.I.P. Industries Limited's business responsibility performance and financial results for the fiscal year 2020-2021. During this period, the company faced significant challenges due to the COVID-19 pandemic, which severely impacted the travel and luggage industries, leading to a decline in revenue. In response, the company implemented cost-saving measures, including consolidating its manufacturing operations in India and expanding production in Bangladesh. The report also highlights the company's corporate social responsibility initiatives, focusing on education, healthcare, and rural development, with a total spend of ₹3.48 crores.
Company: VIP Industries Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: AR2
Pages: 201
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VIP Industries Ltd
Annual Report
The report outlines V.I.P. Industries Limited's business responsibility performance and financial results for the fiscal year 2020-2021. During this period, the company faced significant challenges due to the COVID-19 pandemic, which severely impacted the travel and luggage industries, leading to a decline in revenue. In response, the company implemented cost-saving measures, including consolidating its manufacturing operations in India and expanding production in Bangladesh. The report also highlights the company's corporate social responsibility initiatives, focusing on education, healthcare, and rural development, with a total spend of ₹3.48 crores.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees