Hirdaramani Annual Report 2024 High Quality -

Hirdaramani Group Unveils Impressive Growth in 2024: A Year of Sustainability and Innovation

Diversification and Regional Strategy

: In September 2024, the group became the first organization in Sri Lanka to receive official approval from the Science Based Targets initiative (SBTi) for its Net-Zero science-based targets. Energy Transition : The group achieved net-zero greenhouse gas emissions

Purpose

steady revenue stream of approximately $850 million

The 2024 fiscal year presented a mixed bag for the Hirdaramani Group. While global demand for ready-made garments softened in Western markets due to inflationary pressures, the group reported a , buoyed by diversification into technical textiles and activewear. hirdaramani annual report 2024

Net-Zero Approval

: In 2024, Hirdaramani became the first Sri Lankan organization to have its Net-Zero Science Based Targets approved by the Science Based Targets initiative (SBTi). The group has committed to reducing absolute Scope 1 and 2 emissions by 54.6% by 2033 and achieving a 90% reduction across all scopes by 2050. Hirdaramani Group Unveils Impressive Growth in 2024: A

to establish a cutting-edge green textile mill in Pannala, Sri Lanka. FDI Expansion : In late 2025, the group announced a supplementary $1 million Net-Zero Approval : In 2024, Hirdaramani became the

Renewable Energy

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