Polycab India Limited has informed the Exchange about submission of BRSR Report for FY 2024-25
POLYCAB · price
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Polycab India has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to NSE and BSE, as required under SEBI listing rules. The report is part of the company's Integrated Annual Report and carries independent reasonable assurance from TUV India Private Limited on BRSR Core indicators. Polycab reported a turnover of INR 219,140 million and net worth of INR 97,627 million, with wires and cables contributing 84% and FMEG (fans, lighting, switches) 7% of revenue. The company operates 27 manufacturing plants, exports to 84 countries (export revenue of INR 13,452 million, 6% of turnover), and has a workforce of over 16,800. ESG targets for FY 2029-30 include 50% renewable electricity, Zero Waste to Landfill, 30% recycled water usage, and Zero Harm workplace. No material fines, penalties, or corruption incidents were reported during the year.
This is a routine annual regulatory filing and unlikely to cause immediate stock price movement. However, the third-party assured sustainability disclosures, ambitious FY 2029-30 ESG targets, and clean compliance record may boost Polycab's appeal to ESG-focused institutional investors.