Leadership Messages

Message from Managing Director

I am grateful for the unwavering support and collective efforts that have propelled CTIL towards sustainable growth.

Dear Shareholders,

I hope this message finds you in good health and high spirits. As I reflect on the past year, I am grateful for the unwavering support and collective efforts that have propelled CTIL towards sustainable growth. It is with great pleasure that I present to you our Annual Integrated Report, a testament to our commitment to responsible business practices and our journey towards creating a sustainable future.

I am delighted to share that our focus on sustainability has yielded positive financial results. In the past fiscal year, we have witnessed robust revenue growth, with a 16% year-on-year (YoY) increase in turnover. Our commitment to operational efficiency has significantly improved our EBITDA by 38%. By embedding environmental, social, and governance (ESG) considerations into our financial decision-making processes, we were able to create long-term value for our stakeholders and fortify our financial position.

In our diverse portfolio spanning Real Estate, Pulp and Paper, and Textiles we have made significant strides in integrating sustainable practices into our operations.

At CTIL, we firmly believe that responsible growth is the key to shaping a better tomorrow and goes hand in hand with economic progress, social well-being, and environmental stewardship. Beyond numbers and statistics, our commitment to sustainability is deeply rooted in our core values. We prioritise the well-being and safety of our employees, actively contribute to the communities we operate in, and strive to minimise our environmental impact. By combining our purpose-driven worldview with digital innovation, we not only drive our own sustainability agenda but also collaborate with like-minded individuals, organisations, and governments to shape a more sustainable future for all.

In our diverse portfolio spanning Real Estate, Pulp and Paper, and Textiles we have made significant strides in integrating sustainable practices into our operations.

In the realm of real estate, we are dedicated to incorporating sustainable practices into our projects. From energy-efficient designs to waste management strategies, we prioritise environmental stewardship without compromising on quality or innovation. By embracing responsible construction practices, we aim to create sustainable spaces that enrich the lives of our stakeholders and promote a healthier planet.

Within Pulp and Paper, we have embarked on a comprehensive energy management to identify areas of high consumption and implement effective energy management strategies. Through these efforts, we have successfully reduced our carbon footprint and enhanced energy efficiency. Water conservation initiatives, such as water-efficient fixtures and wastewater recycling, have also been key priorities, ensuring responsible water usage throughout our operations. Our commitment to sustainable forestry practices has led to extensive tree plantation initiatives, effectively offsetting CO2 emissions and contributing to a greener future.

Our Textiles division has achieved remarkable progress in reducing power consumption, coal usage, and steam production. Our goal is to reduce the greenhouse gas (GHG) emissions, and we are actively pursuing this target by sourcing renewable energy from hybrid sources. As we embark on another year of progress, I invite you to delve into our Annual Integrated Report, which encapsulates our commitment to transparency, accountability, and continuous improvement. It is a testament to our collective efforts to integrate sustainability into every aspect of our operations and make a positive impact on society and the environment.

Your unwavering commitment and collaboration have been instrumental in driving our sustainability initiatives forward. Together, we have achieved significant milestones and paved the way for a more sustainable future. Together, we have the power to make a significant and positive impact on society and the environment, and I am confident that by working hand in hand, we will create a better tomorrow.

Thank you once again for being an integral part of our sustainable journey to create a brighter future for generations to come.

Sincerely,

R.K. Dalmia, Managing Director