Hirdaramani — Annual Report 2024

The Hirdaramani Group operates across multiple business segments, including Apparel, Retail, and Property. The Apparel segment, which accounts for the largest share of the company's revenue, reported a 12% increase in sales to LKR 83.2 billion (approximately USD 455 million). This growth was driven by a combination of factors, including increased volumes, improved pricing, and a stronger US dollar.

This article has been prepared for general information purposes only and should not be considered as investment advice. The information contained in this article is based on publicly available data and may not reflect the current market situation. Investors should consult with their financial advisors before making any investment decisions. hirdaramani annual report 2024

It does not pretend that the apparel industry is easy. Instead, it shows that by marrying Sri Lanka's skilled workforce with German-style automation and Scandinavian-style social welfare, a manufacturing giant can not only survive but thrive. This article has been prepared for general information