MRFBSEMRF LtdLowNeutral
Announced Mon, 14 Jul · 16:42 IST

Business Responsibility and Sustainability Report for the FY ended 31st March,2025

MRF · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

MRF has filed its BRSR for the financial year ended 31 March 2025, with reasonable assurance on BRSR Core indicators provided by SGS India Private Limited. The company reported revenue from operations of Rs. 27,665 crore and net worth of Rs. 18,176 crore, supported by 10 manufacturing plants and operations across all 28 Indian states plus 60+ countries, with exports contributing 8.34% of turnover. MRF employs around 6,899 permanent and other employees and 26,217 workers, with 100% of plants certified under ISO 9001, IATF 16949, ISO 14001, and ISO 45001 standards. Key sustainability targets include achieving carbon neutrality by FY 2050 (Scope 1 and 2) and a 25% reduction in Scope 1 and 2 emission intensity by FY 2028 against FY 2023 base, with the company already sourcing 24% of its electricity from renewables. The report shows zero work-related fatalities, no regulatory fines or penalties, and 51% of inputs sourced sustainably.

Likely market impact

This is a routine annual ESG compliance filing with no direct effect on stock price, but it signals strong governance, solid sustainability commitments, and transparent reporting, which is positive for ESG-focused institutional investors and long-term shareholders.