Announced Thu, 7 Aug · 14:49 IST

Business Responsibility and Sustainability Report (BRSR) for the FY 2024-25

MRPL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

MRPL has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI's listing rules. The company reported a turnover of ₹1,09,277 crore and net worth of ₹12,933 crore, achieving its highest-ever crude throughput during the year. On the sustainability front, MRPL cut its Scope 1 & 2 emissions intensity by 7.6% and Scope 3 intensity by 1.55% from the FY 2022-23 base, while water usage intensity fell 15.2% year-on-year, keeping it on track for its 2038 Net Zero target. The company paid a ₹69.88 lakh penalty to BSE/NSE for not meeting Board composition norms (shortage of Independent Directors) and has requested a waiver. The report is filed on a standalone basis with no external assurance for FY 2024-25.

Likely market impact

This is a routine annual ESG filing and is unlikely to move the stock materially. Shareholders should note the Board composition penalty, the sharp drop in environmental R&D/capex spending versus last year, and steady progress on emissions and water reduction targets.