G R Infraprojects Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2024-25'.
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Awaiting price reaction for this filing.
G R Infraprojects has submitted its BRSR for FY 2024-25, submitted under SEBI's listing regulations as part of its annual report. Standalone turnover stood at Rs. 7,01,591 lakhs with net worth of Rs. 7,83,038 lakhs. Infrastructure development (roads, railways, metros, tunnels, power transmission, ropeways, OFC) contributed 85.66% of revenue across 79 project locations in 23 states, serving clients such as NHAI, MORTH, and BMRCL. The company employs 14,147 people, but only ~2% of permanent staff are female. Employee turnover rose sharply to 38.24% (from 29.22%) due to project completions. Key ESG risks flagged include occupational health and safety, climate change, and human rights, while opportunities exist in innovation, training, and governance. Six worker fatalities occurred during the year (up from five), acknowledged as a 'matter of serious concern.' Independent assessment of policies was carried out by Deloitte.
This is a routine compliance filing and unlikely to move the stock on its own. However, the rise in worker fatalities (6 vs 5) and high employee turnover could attract attention from ESG-focused investors and proxy advisors. The board-level ESG committee, Deloitte-reviewed policies, and ongoing green initiatives (solar, EV adoption, GFRP facility) are positives for long-term institutional interest.