What was the total Corporate Social Responsibility (CSR) expenditure in India for fiscal year 2024-25?

Corporate Social Responsibility (CSR) expenditure by Indian companies reached ₹22,212 crore in the fiscal year 2024-25.

Why did CSR spending increase in India?

CSR spending increased due to a 22% rise in average net profits of companies over the preceding three years, which mandates a higher CSR outlay.

Which sectors received the highest CSR allocations in India?

Education and healthcare received the highest allocations of CSR funds, followed by other areas.

Home / Business and Economy / Indian Firms Boost CSR Spending by 23% to ₹22,212 Crore

Indian Firms Boost CSR Spending by 23% to ₹22,212 Crore

20 Apr

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Summary

CSR expenditure rose 23% to ₹22,212 crore in FY25.
Average net profit increased 22%, driving mandated CSR spending.
Top 10 companies contributed 34% of total CSR spend.

Indian Firms Boost CSR Spending by 23% to ₹22,212 Crore

Corporate Social Responsibility (CSR) expenditure by Indian companies listed on the NSE main board saw a notable 23% increase, reaching ₹22,212 crore in the fiscal year 2024-25. This growth is attributed to a corresponding 22% rise in average net profits over the preceding three years, as mandated by India's CSR framework which requires firms to spend two percent of their average net profit on social initiatives.

The report indicates that out of 2,081 companies analyzed, 1,549 were required to spend on CSR. Their combined average net profit grew to ₹11.76 trillion, suggesting a mandated CSR outlay of ₹22,732 crore. The actual spending of ₹22,212 crore reflects a slight gap, with unspent funds, amounting to ₹3,223 crore, transferred to designated accounts for future use.