Afcons Infrastructure Limited has informed the Exchange regarding the Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25.
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Afcons Infrastructure has submitted its BRSR for FY 2024-25 to BSE and NSE, as required under SEBI's listing regulations. The Mumbai-based EPC company reported a turnover of ₹12,499.93 crore and net worth of ₹4,826.75 crore, with operations across 16 Indian states and 14 countries, contributing 30.37% of revenue from exports. The company employs 3,892 people and engages 29,302 workers, though gender diversity is very low — only 2.70% of employees and 0.8% of workers are female, and just 1 of 10 board directors is a woman. A GST penalty of ₹38.83 crore was levied during the year (paid under protest, appeal filed), and key ESG risks flagged include energy and GHG emissions, water management, and occupational health and safety. On a positive note, about 60% of the order book sits in green segments (metros, water, rail, hydro), 16.14% of capex went to environmental and social improvements (up from 0.95% last year), and 79% of inputs were sourced sustainably.
This is a routine annual ESG compliance filing, but investors should note the ₹38.83 crore GST penalty under appeal and the very weak gender diversity at board and workforce levels as governance red flags. The growing share of green business in the order book and rising ESG-linked capex are encouraging for long-term investors aligned with sustainable infrastructure themes.