INOX India Ltd, a leader in cryogenic equipment, launched its Sustainability Report 2024-2025, spotlighting environmental strides and robust financial growth amid a global push for clean energy solutions.

The report, overing April 2024 to March 2025 and aligned with Global Reporting Initiative standards, highlights a 19 percent renewable energy uptake, mitigating 1,808 tonnes of CO2 equivalent with new solar and wind installations.

Scope 1 emissions dropped to 716 tonnes CO2e from 724, though Scope 2 rose to 9,550 tonnes due to expansion, with intensity improving 12 percent to 0.00000079 tonnes per rupee turnover.

Chairman Pavan Kumar Jain called FY25 a “turning point,” with revenue up 16.2 to Rs 1,354 crore (USD 161.8 million), EBITDA rising 18.3 percent to Rs 330 crore, and PAT increasing 15.4 percent to Rs 224 crore.

Exports hit Rs 692 crore (53 percent of total), boosted by a Bahamas LNG terminal and the world’s first liquid air energy storage project in Manchester, UK.

Energy use climbed 28.7 percent to 65,397 GJ (intensity up 7.9 percent), while water fell 5.3 percent to 109,243 KL (intensity down 20.5 percent) with zero liquid discharge at Savli. Waste rose 6.3 percent to 3,406 tonnes (intensity down 10.3 percent), with 2.8 million litres of rainwater harvested.

CSR efforts invested RS 4.5 crore in girls’ education and healthcare for 5,200 elderly. The 1,332-strong workforce includes 6 percent women (up from 5.7 percent), with 9,689 training hours and a lost time injury frequency rate of 0.23.

Governance features a diverse eight-member board (25 percent women) and sustainability committees. Lacking Scope 3 data, it focuses on India operations.

INOX targets 30 percent renewables by FY27 and net-zero by 2040, aligning with its ISO 14001-certified eco-strategy.