JYOTI LIMITED
Climate Impact & Sustainability Data (2022-04 to 2023-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Continued slowdown in capital goods industry, subdued demand from infrastructure sectors (water, irrigation, power).
- Continued economic slowdown impacting irrigation and water projects, resulting in stagnant turnover and declining profitability.
- Non-availability of banking facilities reducing turnover and operating margins.
- High volatility in raw material prices.
- Low price realization on orders.
- Difficulty in managing orders within budgeted costs and avoiding time/expense overruns.
- Availability and cost of funds.
- Non-availability of skilled/unskilled manpower.
- Risk of delays in EPC projects due to right-of-way issues, approvals, environmental factors, and local resistance.
Mitigation Strategies
- Persistent efforts to collect receivables and a strategic senior management team to recover outstanding claims.
- Substantial reduction in overheads by focusing on manpower, material, financial costs, and administrative expenses.
- Streamlining operations.
- Increased focus on turnover of spares, retrofit, and service orders (higher margins).
- Securing new orders despite adversities.
- Robust cost controls.