Sportking India Limited has informed the Exchange regarding ''.
SPORTKING · price
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Awaiting price reaction for this filing.
Sportking India Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under SEBI's Listing Regulations. The company is a textile yarn manufacturer (cotton, polyester-cotton blends, and synthetic yarn), with FY 2024-25 turnover of ₹2,52,423 lakhs and net worth of ₹1,00,582 lakhs. It operates 3 plants nationally, exports to 37 countries (exports contributing ~51% of turnover), and holds sustainability certifications including Fairtrade, GOTS 6.0, Global Recycled Standard, OEKO-TEX, and ISO 9000:2015. About 35.87% of cotton was sourced sustainably and solar power meets 13-14% of power needs, though no third-party assurance of the BRSR was obtained. The workforce comprises 549 permanent employees and 6,203 permanent workers, with no reported safety incidents or fatalities, but a notably high worker turnover rate of 84.13% in FY 2024-25.
This is a routine annual compliance filing with no direct material impact on the stock price. It enhances ESG transparency for investors, highlighting strong export orientation and sustainability credentials, but the high worker turnover rate and lack of external BRSR assurance are points investors may flag.