: The group invested $30 million in a cutting-edge textile mill in Pannala, Sri Lanka, to strengthen the local value chain.
The 2024 reporting period was defined by large-scale infrastructure investments aimed at securing the group’s long-term competitive edge.
Mainstreamed and 54 styles using recycled nylon. Alternative Crops hirdaramani annual report 2024
: On-site renewable energy capacity has reached 16.2 GWh annually , primarily through the "Suryadhanavi" rooftop solar project. The group also manages broader renewable energy assets including 100 MW of wind and 25 MW of mini-hydro power. Sustainability & ESG Performance
For investors, vendors, and researchers seeking the complete audited financials, the is available in three formats: : The group invested $30 million in a
In 2024, the Hirdaramani Group accelerated its commitment to vertical integration and decarbonization, marked by a Rs. 10 billion investment in a new sustainable textile mill, Mihila Tex, in Sri Lanka. Furthermore, the group solidified its leadership in sustainability by becoming the first in Sri Lanka to have its Net-Zero Science Based Targets approved, aiming for a 90% reduction in emissions by 2050. For more information, visit the Hirdaramani Sustainability Report at Hirdaramani . Hirdaramani Apparel Sustainability Report 2024
In 2024, the global apparel industry faced a complex tapestry of recalibrated supply chains, evolving ESG regulations, and shifting consumer demands for radical transparency. At Hirdaramani, we viewed this not as a burden, but as our calling. This year, we proved that agility and sustainability are not trade-offs—they are the twin engines of enduring value. Our 2024 performance reflects a disciplined focus on vertical efficiency, digital empowerment of our workforce, and a deepening commitment to becoming a net-positive enterprise. Alternative Crops : On-site renewable energy capacity has
The group invested $30 million in a new sustainable textile mill in Pannala, Sri Lanka, to strengthen its local value chain.
: 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 group’s corporate and operational decisions are governed by four primary organizational pillars:
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.