KRBL Limited has informed the Exchange regarding Business Responsibility and Sustainability Report( BRSR) for the Financial Year ended 2024-25.
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Awaiting price reaction for this filing.
KRBL Limited, the maker of India's top basmati rice brand 'India Gate', has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 2025 as part of its annual report. The company's turnover stood at ₹5,594 crore and net worth at ₹5,231 crore, with rice and food products making up 97.94% of revenue. KRBL exports to over 90 countries, contributing about 26.33% of total sales, and sells across all 28 Indian states and 8 union territories. On the sustainability front, KRBL achieved a 35% reduction in grid electricity use and Scope 2 emissions, installed a new 3.9 MW turbine, and offset about 1.8 lakh tonnes of CO2. It also recycled over 3,320 tonnes of plastic waste, staying plastic-neutral since 2019. The company spent around ₹10.85 crore on CSR initiatives benefiting 2,400+ people, and has set targets like integrating 30% recycled plastics in packaging by FY 2025-26 and committing ₹30 crore for community development by FY 2028.
This is a routine compliance filing of the company's annual BRSR and is unlikely to move the stock price on its own. However, the disclosed improvements in energy efficiency, emission reduction and responsible packaging could strengthen KRBL's ESG profile, appealing to sustainability-focused investors. The rise in customer complaints (from 551 to 708) and value-chain partner complaints (from 25 to 62) is a minor flag worth monitoring.