Hirdaramani Annual Report 2024 [2021]

The Hirdaramani Group's Sustainability Report 2024 outlines progress on its "Future First" roadmap, featuring 16.2 GWh of renewable energy capacity and SBTi-approved Net-Zero targets . While the private group does not issue public financials, its retail arm, ODEL PLC, reported a revenue of LKR 7.3 billion and a loss of LKR 4.2 billion for the year ending March 31, 2024 . Review the full sustainability report at Hirdaramani. Hirdaramani Apparel Sustainability Report 2024

The report spotlights the Group’s journey toward Net Zero, documenting tangible reductions in carbon intensity. Hirdaramani has long been a pioneer in this space, being one of the first in the region to embrace carbon-neutral manufacturing facilities. The 2024 report expands on this legacy, detailing investments in: hirdaramani annual report 2024

Net-Zero: Committed to a 90% reduction in Scope 1, 2, and 3 emissions by 2050. Strategic Investments & Awards and sustainability targets.

7) Next actions after reading

• If analyzing investment potential: compute valuation multiples (P/E, EV/EBITDA) using latest market data.
• If assessing supplier risk: confirm certifications and factory audit schedules.
• If preparing questions for management: list clarifications on big swings, capex plans, margins, and sustainability targets.