VOLTASNSEVoltas Limited· EngineeringLowNeutral
Announced Sat, 14 Jun · 22:22 IST

Voltas Limited has informed the Exchange about General Updates. We enclose herewith the Business Responsibility and Sustainability Report (BRSR) of the Company for the financialyear 2024-25.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Voltas Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to the stock exchanges, as required under SEBI regulations. The company, part of the Tata Group, reports on a standalone basis with reasonable assurance provided by S R B C & CO LLP. Its main business is Unitary Cooling Products (94.9% of turnover, including room ACs and commercial refrigeration), with Electro-Mechanical Projects making up the rest. Key highlights include total turnover of ₹11,295.54 crores, net worth of ₹8,119.96 crores, 8,539 employees and 6,061 workers, and operations across 28 Indian states and 20 international countries. The company has set targets to achieve Net Zero by 2045, and water neutral and zero waste to landfill status by 2030.

Likely market impact

This is a routine annual compliance filing required by SEBI and does not carry any direct impact on the stock price or shareholder value. However, the report provides investors with useful ESG context, including 100% achievement of E-waste recycling targets, 36% recycled plastic use in select air cooler models, and 58.17% of key suppliers assessed on sustainability metrics.