Financial data for the group's retail arm, ODEL PLC, for the year ended March 31, 2024, reflects a challenging economic environment:
(Related search suggestions sent.)
The group successfully channeled supervisors through its structured Supervisory Development Program, aiming for 30% of leadership roles to be held by women . hirdaramani annual report 2024
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.
: Reached an annual on-site renewable power generation of 16.2 GWh through the Suryadhanavi Rooftop Solar Project. Financial data for the group's retail arm, ODEL
In line with its decarbonization strategy, Hirdaramani announced a significant investment in a new, state-of-the-art textile mill named . Backed by an investment of USD 30 million , this facility embodies the next evolution of the company's legacy of sustainable manufacturing. Designed to be powered by renewable energy, it applies the latest advancements in low-impact manufacturing to minimize energy use, reduce waste, and optimize resource efficiency.
Fostering safe, equitable, and growth-oriented workplaces. : Reached an annual on-site renewable power generation of 16
While a publicly released financial annual report is not standard practice for the private Hirdaramani Group, other indicators and industry reports provide a clear picture of its performance and the environment in which it operates. Hirdaramani's forward momentum is embedded within a resilient Sri Lankan apparel sector.
Water management remained a complex, focal point in 2024. While the industrial denim sector traditionally consumes upwards of 7,000 liters per jean, Hirdaramani achieved marginal freshwater reductions in Vietnam and Bangladesh. However, an operational spike in Sri Lankan water use has prompted the group to re-engineer its rainwater harvesting infrastructure and chemical wastewater recycling systems to keep its within reach. Anchoring Sustainable Materials and Sourcing
Strategic Investments: Vertically Integrating the Value Chain