The company has been awarded the “Performance Excellence Award 2021-2022” by the Indian Institute of Industrial Engineering, the Silver Medal in the India Green Manufacturing Challenge 2019, and the Economic Times Polymers Awards 2019 for V2 Aquanet in the Marine Application Category.
The company is committed to sustainability and invests extensively in scientific research and development to create next-generation green products for the Aquaculture industry. They have provided more than 25,000 metric tonnes of sustainable HDPE netting solutions and utilize alternative renewable means to power their factories, with a focus on recycling products.
In the latest quarter, the company's consolidated net profit rose by 16.83%, with a consolidated PAT of Rs. 47.77 crores. The net profit after tax increased by 17% in Q2 FY23.
Since its inception in 1976, innovation has been at the heart of product, process, and application development at the company. Their continued focus on innovation has resulted in a steady innovation pipeline of products and technologies in technical textiles that are raising the bar across applications in several industries.
The company is proud to be ranked #49 amongst India's Best Companies to Work for 2022 and in the top 25 of India's Best Workplaces in Manufacturing 2023. This recognition is a testament to their values and culture of putting people first.
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