For a conglomerate with a century‑plus heritage, an annual report is much more than a statutory document—it is a strategic narrative that charts a company’s past performance while mapping its future direction. Although the Hirdaramani Group’s formal “annual report 2024” is not yet in the public domain in a consolidated format, the company has been exceptionally transparent throughout the year, using press releases, sustainability disclosures and high‑profile announcements to share its key achievements. By weaving together these threads, we can construct a comprehensive picture of what the would—and arguably should—contain.
The 2024 report emphasizes that sustainability is not just environmental; it is equally social. Hirdaramani’s investment in its 20,000+ workforce is a cornerstone of its corporate strategy.
Despite a volatile macroeconomic environment, the Group delivered a resilient performance driven by operational excellence and strategic customer partnerships. hirdaramani annual report 2024
stands for W ell-being, E quity for All, A ssured Integrity, V alue and Vitalise, and E levate Learning.
The story of Hirdaramani in 2024 is one of "Continuous Progression, Together". It’s the tale of a family business that survived a century by remembering that while the clothes change, the commitment to people and the planet must remain as steady as Parmanand’s first stitch. Hirdaramani group annual report For a conglomerate with a century‑plus heritage, an
Over 21,000 employees have been trained in "Wonders of Wellbeing" and "Her+" programmes, which are internationally recognized initiatives aiming for a "Life Well Lived".
Scaled commercial production to include . Sustainable Cotton The 2024 report emphasizes that sustainability is not
The 2024 report is remarkably candid about external risks. With disruptions in the Red Sea and fluctuating freight costs, Hirdaramani accelerated its "China Plus One" strategy for raw materials.
Disclaimer: This article is a detailed analysis based on the publicly released data and trends from the Hirdaramani Group’s 2024 annual disclosures. For specific financial ratios and audit statements, refer directly to the official document.
: In 2024, Hirdaramani became the first Sri Lankan organization to have its Net-Zero Science Based Targets approved by the Science Based Targets initiative (SBTi). The group has committed to reducing absolute Scope 1 and 2 emissions by 54.6% by 2033 and achieving a 90% reduction across all scopes by 2050.