Hirdaramani Annual Report 2024 May 2026
The Hirdaramani Group has released its Sustainability Report 2024, which details the company's progress toward its "Future First" 2025 Roadmap and its newly approved climate targets. As a private conglomerate, the Group does not typically publish a single public annual financial report, though its retail subsidiary, ODEL PLC, has released its Annual Report 2023/24. 2024 Sustainability Performance
The report acknowledges that these investments suppressed short-term profit distribution, but the board argues they are essential for supply chain localization requested by Nike, Lululemon, and Decathlon. hirdaramani annual report 2024
The report details how the Group managed to protect its margins despite global headwinds. Key to this was a rigorous cost-optimization strategy and a move toward backward integration. By controlling more of the supply chain—from fabric sourcing to packaging—Hirdaramani has insulated itself from some of the volatility in raw material pricing that crippled less integrated competitors. The Hirdaramani Group has released its Sustainability Report
Stakeholder Engagement & Materiality (2 pages) The report details how the Group managed to
Hirdaramani Annual Report 2024: A Comprehensive Review of the Company's Performance