Visaka Industries Ltd 2024 AR2
The report highlights Visaka Industries Limited's performance for the fiscal year 2023-24, during which the company faced challenges from a global economic slowdown and rising raw material costs, resulting in a consolidated revenue decline of 7.63% to ’1,537 crore. Despite these headwinds, the company expanded its operations by commissioning a new V-Next boards plant in Midnapore, West Bengal, making it the first fibre boards company with a pan-India presence. The company also advanced its sustainability initiatives, generating 7.88 million kWh of solar energy through its patented ATUM solar roofing, which helped mitigate carbon emissions. Additionally, the company maintained its commitment to social responsibility, spending ’2.66 crore on community development projects.
Company: Visaka Industries Ltd
Sector: Materials
Country: India
Year: 2024
Type: AR2
Pages: 272
Visaka Industries Ltd
Annual Report
The report highlights Visaka Industries Limited's performance for the fiscal year 2023-24, during which the company faced challenges from a global economic slowdown and rising raw material costs, resulting in a consolidated revenue decline of 7.63% to ’1,537 crore. Despite these headwinds, the company expanded its operations by commissioning a new V-Next boards plant in Midnapore, West Bengal, making it the first fibre boards company with a pan-India presence. The company also advanced its sustainability initiatives, generating 7.88 million kWh of solar energy through its patented ATUM solar roofing, which helped mitigate carbon emissions. Additionally, the company maintained its commitment to social responsibility, spending ’2.66 crore on community development projects.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees