EID Parry India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the FY 2024-25'.
EIDPARRY · price
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EID Parry India has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with the exchanges, as required under SEBI's LODR regulations. The company reported a turnover of Rs. 3,168.12 crore and a net worth of Rs. 2,539.46 crore on a standalone basis. Its business is spread across sugar (33.76% of turnover), distillery (34.78%), consumer products (27.90%), cogeneration (2.40%), and nutraceuticals (1.16%). The company has 10 national plants and 2 international plants, serves 40 countries, and exports account for 1% of turnover. Workforce comprises 1,300 permanent employees and 1,084 permanent workers, with women making up 22.22% of the board. Material sustainability risks flagged include regulatory changes, climate change impacts on sugarcane, cybersecurity, and supply chain. The company plans to expand distillery capacity at Haliyal and Nellikuppam and set up a grain-based distillery at Sankili to support India's ethanol blending programme. It achieved 90% sustainable sourcing and recycled 2,353 tonnes of plastic packaging waste. A minor Rs. 34,220 fine was paid to BSE for a disclosure delay.
This is a routine annual regulatory disclosure with no immediate effect on stock price. However, it provides ESG-focused investors with detailed insights into the company's sustainability practices, workforce diversity, and climate-related risks, which may influence longer-term investor sentiment.