: Faced some headwinds due to economic slowdowns in China and Europe during early 2022.
Accelerated decarbonization initiatives to reduce CO2 emissions.
: Preliminary efforts for Scope 1 & 2 emission reductions were tracked across eight main domestic locations starting in this fiscal year.
: The company experienced pressure from higher raw material costs due to rising crude oil prices and increased logistics costs throughout the first quarter of 2022. Operational Highlights
The following report summarizes the key activities and performance of during the period from January 23, 2022, to April 17, 2022 . This timeframe was a critical phase leading into the company's major strategic pivot in May 2022. Market Performance & Valuation
: The stock exhibited a Beta of approximately 0.78 (long-term average), indicating it was less volatile than the broader market during this fiscal year. Strategic Developments
: Growth during this window was primarily driven by the expansion of Automotive parts and Construction materials . Financial Indicators (Q4 FY2021) Revenue Streams : Major contributions came from: Automotive Belts : Continued to be a primary revenue driver.
: The company maintained its commitment to shareholder returns, which eventually evolved into a trailing dividend yield of approximately 4.6% .
