Financial Highlights & Corporate Responsibility slide image

Financial Highlights & Corporate Responsibility

GOKALDAS EXPORTS LIMITED 11 COPING UP WITH COVID -19 CHALLENGES FACED DURING THE 2ND WAVE • . Inconsistent availability of workmen. Challenges with achieving optimum capacity utilisation. Factory shutdowns following government directives leading to loss of production Disruption in supply chain, impacting logistics and suppliers. ADHERENCE TO GOVERNMENT GUIDELINES • Factories and offices are regularly sanitized. Factories operating with adequate social distancing, even if it means lower capacity being available. No outsider to the organization allowed inside the company premises. Employee help desk created to provide quick support to any employee in need. MEASURES TAKEN TO OVERCOME THE CHALLENGES • • Unproductive assets and expenses have been revisited and stopped. Have undertaken non-essential capex freeze unless required for production. Judicious opex spends to minimize the financial impact. BUSINESS IMPACT • No order cancellations yet. The planned orders will be dispatched with a delay. Production expected to drop consequent to the lockdown with corresponding financial impact.
View entire presentation