Radico Khaitan Limited has informed the Exchange about Business Responsibility and Sustainability Report for the financial year 2024-25
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Awaiting price reaction for this filing.
Radico Khaitan has submitted its Business Responsibility and Sustainability Report (BRSR) for FY2024-25 to the stock exchanges, as required under SEBI's Listing Regulations. The report covers the standalone entity for the period April 1, 2024 to March 31, 2025, and is part of the company's annual report. Key financials disclosed include a turnover of about Rs 17,099 crore and net worth of Rs 2,691 crore, with alcohol/IMFL manufacturing accounting for 98.45% of revenue and exports contributing 1.71%. The company operates 46 plants and 19 offices nationally, employs 1,221 permanent employees and 2,640 workers, and has not obtained reasonable assurance for its BRSR core disclosures. ESG initiatives highlighted include zero liquid discharge across plants, recycling of 13,543 MT of plastic waste, and 20% glass bottle reclamation, with capex on environmental and social improvements falling to 8% from 22% in the prior year.
This is a routine annual ESG compliance filing and is unlikely to move the stock on its own. However, retail investors may note that the company did not obtain external assurance for its BRSR core, and the sharp drop in sustainability-linked capex (from 22% to 8%) could be a point of scrutiny for ESG-focused investors.