The India Cements Limited has informed the Exchange regarding ''Business Responsibilty and Sustainability Reporting for the year ended 31.03.2025'.
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Awaiting price reaction for this filing.
The India Cements Limited, an 81.49% subsidiary of UltraTech Cement, filed its Business Responsibility and Sustainability Report for FY 2024-25 as required under SEBI's Listing Regulations. The company is primarily a cement manufacturer (96.85% of turnover), operates 18 plants and 10 offices across 14 states, and reported a turnover of ₹4,088.47 crore with a net worth of ₹2,259.22 crore. On the environment side, Scope 1 emissions fell to 5.22 million tCO2e (from 5.63 million) and water intensity improved to 0.281 KL per tonne of cementitious material, but total energy consumption rose slightly and energy intensity worsened to 6,104 GJ per crore of turnover. On social parameters, female workforce representation remains very low at around 2%, one worker fatality was reported (same as prior year), and 100 shareholder complaints were filed during the year versus 129 in FY 2023-24. The report carries no external assurance and key commitments like solar power installation and expanded rainwater harvesting remain under implementation.
This is a routine annual ESG compliance filing and is unlikely to move the stock on its own. However, it shows mixed ESG progress — improving emissions and water efficiency, but rising energy intensity and persistent safety concerns — which long-term ESG-focused investors may factor into their assessment of the company.