Company: Kirloskar Ferrous Industries Ltd
Income 2005-2006 =Rs 500 crores (rounded off)
Net profit before tax (05-06)=Rs 20 crores (rounded off)
Karmayog CSR Rating :1/5
CSR Activities:
Company is located only 16 kms away from the major industrial town Hospet and 16 kms
away from the District Headquarter i.e. from Koppal in Karnataka State. Company is located on NH-13 & NH-68 connected to both these towns. The employees are picked up & dropped by chartered busses and vans. In both the towns, there are very good schools and colleges inclusive of Professional colleges to enable the children of our employees to pursue higher education.
As a philosophy, we have an objective concern for the welfare of the society to restrain individual or corporate behavior from ultimately destructive activities, no matter how immediately profitable and to lead in the direction of positive contributions to the human settlement.
We as an economic unit within the society, irrespective of profit / loss, consider our duty to repay the debt towards the society.
Our social contribution goals:
Provision of quality health care / drinking water.
Provision of employment opportunities
Environment protection and maximum efforts to prevent environmental hazards
Improving community life of people & Building infrastructure
Affordable quality education
Safety of employees, customers, minorities, women and community
Changing social needs, values and demands
Contribution to national exchequer.
Foundation
The company has adopted the neighbouring village Bevinahalli. A trust has been formed for this purpose in the name and style of Kirloskar Ferrous Rural Development Trust to undertake, initiate, monitor, and improve community development programs. The main objectives of this trust are –
To carry out, promote or otherwise secure various programmes and activities of rural development including the social and economic welfare or upliftment of public in any rural area;
To carry out various programmes and activities of rural development with a view to raising the standard of living of the rural community ensuring prosperity and fostering intellectual, physical and social development;
To take effective steps for promoting, supporting and propagating all programmes, schemes or measures taken by Central and /or State Government or Semi-Government bodies, public institutions and other agencies and oranisations in the interests of the rural community.
To offer, help or associate and co-operate with any Government, Semi-Government or public bodies, local bodies, Panchayats, Public and private institutions/ agencies in formulating and finalising any rural development programme.
To examine, analyse and decide upon the problems, issues and hardships of rural community and represent their cases to the Government, Semi-Government, public and private bodies/agencies directly or through other bodies / agencies working towards such objects.
To establish, maintain, carry on and / or support Schools, colleges and other educational institutions for the education and training of young boys and girls as well as adults.
This is going to enable continuous uplift of the neighbouring village. Through this trust various activities like provision of drinking water, construction of school building, fencing of the school territory, financial assistance for educational tour for children, free medical services, arranging for cultural festivities during important occasions etc. have been done and many more activities are on the anvil.
Amount contributed towards CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Kirloskar Ferrous Industries Ltd
Laxmanrao Kirloskar Road
Pune 411 003, Maharashtra
Tel. : +91(20)25810341
Fax : +91(20)25813208, 25810209
Website address : www.kirloskar.com/
http://kirloskarapps.kirloskar.com/kirloskar/aboutkirloskar/kfil_commserv.html