Managingbusiness
uncertainties
Risk is the manifestation of business
uncertainty, affecting corporate
performance and prospects.
As a diversified enterprise, Kajaria has had a
systems-based approach to risk management.
A combination of centrally-issued policies and
divisionally-evolved procedures brings robustness
to the process of ensuring business risks being
effectively addressed.
The senior management periodically reviews
the risk management framework to maintain
contemporariness and address emerging
challenges in a dynamic environment. This
prudently balances risk and reward leading to
shareholder value growth.
“Fear of failure must never be a
reason not to try something.”
- Frederick Smith
40
Kajaria Ceramics Limited
Annual Report
2012-13
25
YEARSOF
WORKINGWITH
ANATTITUDE
CELEBRATING
