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

Back to company

Visaka Industries Ltd

Visaka Industries Ltd 2024 Annual Report

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.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

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