KIOCL reports strong financial performance, sustainable practices in FY25

KIOCL Limited reported a paid-up capital of INR 607.75 Crore and a total turnover of INR 5,896,516,000 for FY 2024-25, with net worth at INR 16,927,600,000. Manufacturing of metal and metal products, specifically iron ore pellets, contributed 100% to its turnover. The company’s exports accounted for 23.45% of its total turnover. KIOCL operates with 2 plants and 8 offices nationally across 5 states, and 1 international location. The company emphasizes sustainable sourcing, with 100% of its inputs sourced sustainably.

The report also details a strong focus on employee well-being, with 100% of permanent employees and workers covered by health insurance, accident insurance, and maternity benefits where applicable. Performance and career development reviews covered 100% of both employees and workers for FY 2024-25. The company's occupational health and safety management system is certified under ISO 45001:2018, with zero lost time injury frequency rate (LTIFR) for both employees and workers in FY 2024-25. KIOCL recorded a total of 18 complaints regarding working conditions and 19 concerning health and safety, with 2 and 0 pending resolutions, respectively.

In environmental stewardship, KIOCL aims for a Zero Liquid Discharge mechanism and has undertaken projects to reduce Greenhouse Gas (GHG) emissions, including a 6.4 MW operational solar power plant and the procurement of 3.052 million units of wind energy. Total waste generated amounted to 270.48 metric tonnes for FY 2024-25. The company is actively engaged in CSR projects, with a preferential procurement policy supporting marginalized and vulnerable groups, including SC/ST and women's entrepreneurs, constituting 0.06% and 4.09% of total procurement by value, respectively.