Jtekt India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the F.Y. 2024-25'.
JTEKTINDIA · price
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Jtekt India has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI regulations. The company manufactures automotive components such as steering systems and driveline parts, which account for 99.09% of its revenue, supplied to OEMs like Maruti Suzuki, Tata Motors, Honda, Toyota, and Mahindra. For FY24-25, turnover stood at around Rs 2,399 crore with a net worth of about Rs 880 crore. Key highlights include a target to achieve carbon neutrality by FY 2050, ISO 14001/45001/IATF 16949 certifications, 52% of inputs sourced sustainably, and improved employee attrition (workers' turnover dropped from 40.28% in FY22-23 to 17.50% in FY24-25). No fines, penalties, or bribery cases were reported during the year.
This is a routine regulatory compliance disclosure and not a material corporate action, so it is unlikely to have a direct short-term impact on the stock price. However, it signals the company's progress on ESG commitments, renewable energy adoption, and supply chain sustainability, which may be viewed positively by long-term ESG-focused investors.