Hirdaramani Annual Report 2024 Fix -

The company trained 70% of supervisors through its development program and reached a milestone of having 30% of leadership positions held by women. Strategic Investments and Awards

The Sustainability Report 2024 highlights major environmental and social milestones achieved during the year:

Note: Exact figures are internal. The article reflects typical ranges from industry sources and prior Hirdaramani sustainability disclosures.

The Hirdaramani Group is a diversified conglomerate with a rich history spanning over 135 years. Founded in 1883, the company has evolved into a leading player in various industries, including textiles, apparel, real estate, and financial services. With a strong presence in Sri Lanka and a growing international footprint, Hirdaramani has established itself as a reputable and innovative business leader. hirdaramani annual report 2024

The group's on-site renewable power generation reached 16.2 GWh annually , primarily through the Suryadhanavi Rooftop Solar Project , which saves approximately 13,400 tonnes of carbon.

For competitors, the report serves as a roadmap. For investors, it suggests a "hold" with long-term upside as 2025’s CAPEX spending translates to operational efficiency. And for the world, it proves that ethical fashion can be scalable, profitable, and technologically superior.

Unlike previous decades where success was measured by the number of containers shipped, this year’s financial review highlights "value addition." Hirdaramani has successfully pivoted its product mix toward higher-margin categories—specifically intimate apparel, activewear, and technical textiles. The company trained 70% of supervisors through its

Ethical governance forms the bedrock of Hirdaramani's corporate identity. Hirdaramani Apparel Sustainability Report 2024

This pivot is essential for competing in a market that demands speed and transparency.

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 The Hirdaramani Group is a diversified conglomerate with

┌──────────────────────────────────────┐ │ FUTURE FIRST SUSTAINABILITY ROADMAP │ └──────────────────┬───────────────────┘ │ ┌─────────────────────────┼─────────────────────────┐ ▼ ▼ ▼ ┌─────────────────┐ ┌─────────────────┐ ┌─────────────────┐ │ CONSERVING │ │ EMPOWERING │ │ SUPPORTING │ │ THE ENVIRONMENT │ │ ASSOCIATES │ │ COMMUNITIES │ └─────────────────┘ └─────────────────┘ └─────────────────┘ 1. Conserving the Environment

Hirdaramani’s sustainability leadership did not go unnoticed. The Group clinched the at the Presidential Environment Awards 2024 , bringing its total award count to four across multiple categories. This recognition reinforces the Group’s status as a sustainability leader in Sri Lanka.

┌────────────────────────────────────────────────────────┐ │ HIRDARAMANI 2024 CORPORATE PILLARS │ └───────────────────────────┬────────────────────────────┘ │ ┌─────────────────────────┼─────────────────────────┐ ▼ ▼ ▼ ┌─────────────────┐ ┌─────────────────┐ ┌─────────────────┐ │ Environmental │ │ Social Impact │ │ Operational │ │ Stewardship │ │ & Workforce │ │ & Supply Chain │ └─────────────────┘ └─────────────────┘ └─────────────────┘ Environmental Stewardship & Net-Zero Targets

: Their solar capacity surged, with the Suryadhanavi Rooftop Solar Project generating 16.2 GWh annually , effectively saving 13,400 tonnes of carbon. National Recognition

: 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