Shoppers Stop Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report FY 2024-25 '.
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Shoppers Stop has filed its 4th Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, covering the period April 2024 to March 2025, as part of its Annual Report. The company reported a turnover of Rs 4,435.61 crore, net worth of Rs 339.56 crore, and operates 304 locations across 23 states, including 112 departmental stores, 85 beauty stores, 71 INTUNE stores, and 20 airport stores. It has a total workforce of 9,507 employees, with 184 differently-abled employees, and has four wholly owned subsidiaries. Key ESG initiatives include recycling 159 MT of plastic waste, initiating Scope 1 and 2 GHG emissions reporting, deploying CPCB IV+ compliant generators, and planning a rooftop solar power plant in FY26 along with an Open Access Group Captive Solar Power model. The company reported no fines or penalties for bribery or corruption, zero shareholder grievances, and a sharp drop in customer complaints to 3,883 from 10,972 in the previous year.
This is a routine annual regulatory disclosure under SEBI's listing rules and is unlikely to have any direct impact on the stock price. However, it reflects improving ESG practices and customer grievance resolution, which may support long-term investor confidence.