K S Oils Ltd.
Sales (2007-2008) = 2000 crores (rounded off)
Net profit after tax = 120 crores (rounded off)
CSR Budget: Not available
Karmayog 2008 CSR Rating: 2/5
CSR activities:
Beyond Business
K S Oils believes that growth has to be inclusive to become sustainable and that it is every business� moral responsibility to partner with the society in its development. Stemming from this belief, we shoulder our social responsibility in best capacity, and today in our own small way are contributing to the overall growth of the society around us.
Our initiatives of setting up a school and creating an eco-system of economic prosperity for the backward region of Morena are some of the initial steps in our efforts of giving back to the society in which we prosper.
Educational Initiatives
A country’s future is its youth, and the initial years of education play an important role in shaping the youth. We have therefore, invested in children’s education as our contribution to the society and the nation. K S Oils runs a co-educational CBSE affiliated school in Morena that provides best standards of education to students of Morena and the nearby rural areas. The school is equipped with excellent physical infrastructure and teaching facilities to cater to the educational and extra-curricular requirements of children. Some of these facilities are: state-of-the-art laboratories, boarding for students, swimming, horse riding and organic gardening.
Today, the school is one of the leading academic institutions in the Morena region of Madhya Pradesh. It is run on a simple philosophy of the Garg family that a person’s character, behavior and attitude are shaped very early in life.
The school is currently undergoing a complete overhaul from an academic viewpoint; new teaching methods such as e-learning softwares are being introduced to break away from the shackles of traditional learning and for making education a more holistic and interactive process. The school is committed towards making learning a wonderful and insightful experience for every student.
Promoting Local Economic Development
Morena district is situated in the erstwhile bandit dominated Chambal area of Madhya Pradesh and is backward in terms of economic prosperity and industrial development. As one of the largest corporates having a presence in Morena, K S Oils has taken upon itself the responsibility of aiding the economic development of the people there. The Company today provides direct employment to over 3000 families in the district and has created indirect employment to over 50,000 families.
K S Oils has promoted the local brick kiln industry and developed a strong supplier base of small- scale industries that provide various services and raw materials to the Company.
Today, with its strong business performance, acquisitions in South East Asia and its emergence as one of India’s fastest growing companies, K S Oils has put Morena on the national and international map. This has infused a sense of pride, self-belief and confidence in the people of Morena.
Source: www.ksoils.com/beyond_business.htm
Contact Information:
K S Oils Ltd.
Jiwajiganj
Morena – 476001
Madhya Pradesh
Phone no. : 7532-300000
Fax : 7532-405060 & 300106
E-mail : mail@ksoils.com
Website : www.ksoils.com/
Industry Sector: Solvent Extraction
Products / Services: solvent extraction � an integrated edible oil company
Other locations of factories / offices: New Delhi, Mumbai, Guwahati, Gwalior, Gandhidham