hirdaramani annual report 2024
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The business landscape in 2023 was defined by volatility, rapid technological shifts, and a pressing need for sustainable adaptation. Against this backdrop, the has released its Annual Report for 2024, offering a candid and inspiring look at how one of South Asia’s leading conglomerates is navigating the future.
In 2024, Hirdaramani became the first Sri Lankan organization to have its Net-Zero targets approved by the Science Based Targets initiative (SBTi). Climate Goals:
: Hirdaramani Apparel secured four awards, including a Gold Award for its Mihila facility and honors for its Ja-ela/Sithro and Seethawaka washing plants. Retail Sector: ODEL PLC (Financial Year 2023/24)
"The Hirdaramani Annual Report 2024 shows that sustainability is no longer a compliance metric but a competitive advantage," says the group’s Chief Sustainability Officer in the report. "Our clients are paying a premium for traceability."
Scaled commercial production to include . Sustainable Cotton
Hirdaramani Group Annual Report 2024: Pioneering Sustainable Apparel Manufacturing
Based on the Hirdaramani annual report 2024, we recommend:
For the tech-focused investor, the report dedicates a lengthy analysis to Industry 4.0 adoption. The flagship achievement of 2024 was the full rollout of —a digital twin system that monitors every sewing machine, cutting table, and finishing station in real-time.
As a family-owned leader in apparel manufacturing, Hirdaramani remains dedicated to shaping a sustainable and inclusive future for the global fashion industry.
Their efforts didn't go unnoticed. At the Presidential Environment Awards 2024 , Hirdaramani dominated the stage:
While the Group is privately held and does not disclose full P&L publicly, the 2024 report indicates:
Systematically deployed submeters in clusters and integrated energy KPIs following strict facility audits. Overcoming Water Scarcity Challenges
: LKR 7.30 billion (compared to LKR 8.25 billion in 2023). Loss for the Year : LKR 4.21 billion. Total Assets : LKR 30.67 billion. Key Locations and Operations
: The mill is a joint venture with Hengda Textiles , aimed at reducing the outflow of foreign exchange for raw material imports.
With decades of experience, Hirdaramani has transitioned from a traditional garment manufacturer to a strategic partner for global brands, providing end-to-end solutions from design to distribution. 1. Financial Performance and Strategic Resilience
The business landscape in 2023 was defined by volatility, rapid technological shifts, and a pressing need for sustainable adaptation. Against this backdrop, the has released its Annual Report for 2024, offering a candid and inspiring look at how one of South Asia’s leading conglomerates is navigating the future.
In 2024, Hirdaramani became the first Sri Lankan organization to have its Net-Zero targets approved by the Science Based Targets initiative (SBTi). Climate Goals:
: Hirdaramani Apparel secured four awards, including a Gold Award for its Mihila facility and honors for its Ja-ela/Sithro and Seethawaka washing plants. Retail Sector: ODEL PLC (Financial Year 2023/24)
"The Hirdaramani Annual Report 2024 shows that sustainability is no longer a compliance metric but a competitive advantage," says the group’s Chief Sustainability Officer in the report. "Our clients are paying a premium for traceability." hirdaramani annual report 2024
Scaled commercial production to include . Sustainable Cotton
Hirdaramani Group Annual Report 2024: Pioneering Sustainable Apparel Manufacturing
Based on the Hirdaramani annual report 2024, we recommend: The business landscape in 2023 was defined by
For the tech-focused investor, the report dedicates a lengthy analysis to Industry 4.0 adoption. The flagship achievement of 2024 was the full rollout of —a digital twin system that monitors every sewing machine, cutting table, and finishing station in real-time.
As a family-owned leader in apparel manufacturing, Hirdaramani remains dedicated to shaping a sustainable and inclusive future for the global fashion industry.
Their efforts didn't go unnoticed. At the Presidential Environment Awards 2024 , Hirdaramani dominated the stage: Climate Goals: : Hirdaramani Apparel secured four awards,
While the Group is privately held and does not disclose full P&L publicly, the 2024 report indicates:
Systematically deployed submeters in clusters and integrated energy KPIs following strict facility audits. Overcoming Water Scarcity Challenges
: LKR 7.30 billion (compared to LKR 8.25 billion in 2023). Loss for the Year : LKR 4.21 billion. Total Assets : LKR 30.67 billion. Key Locations and Operations
: The mill is a joint venture with Hengda Textiles , aimed at reducing the outflow of foreign exchange for raw material imports.
With decades of experience, Hirdaramani has transitioned from a traditional garment manufacturer to a strategic partner for global brands, providing end-to-end solutions from design to distribution. 1. Financial Performance and Strategic Resilience
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