NSE-Listed Firms Increase CSR Spending by 23% to ₹22,212 Crore in FY25
CSR spend by NSE-listed firms jumps 23% to ₹22,212 crore in FY25: Report
Business Standard
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Corporate Social Responsibility (CSR) spending by companies listed on the National Stock Exchange (NSE) in India surged by 23% to ₹22,212 crore for the fiscal year 2024-25, driven by a 22% rise in average net profits. The increase reflects compliance with the regulatory requirement to allocate 2% of profits to social initiatives.
- 01CSR spending by NSE-listed firms rose to ₹22,212 crore in FY25.
- 02Average net profit of these firms increased by 22% over three years.
- 031,549 companies were mandated to spend on CSR, up from 1,399 the previous year.
- 04Top contributors included Reliance Industries, HDFC Bank, and Tata Consultancy Services.
- 05Education received the largest share of CSR funding, while disaster management saw lower allocations.
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Corporate Social Responsibility (CSR) expenditure by companies listed on the National Stock Exchange (NSE) of India reached ₹22,212 crore in the fiscal year 2024-25, marking a 23% increase from ₹18,011 crore in the previous year. This rise is attributed to a 22% increase in average net profits over the last three years, as reported by PRIME Database Group. According to regulations established in April 2014, eligible firms must allocate 2% of their average net profit to CSR activities. As of March 31, 2025, 2,142 companies were listed on the NSE main board, with 2,066 disclosing CSR data. Of these, 1,549 companies were required to spend on CSR, reflecting an increase from 1,399 the previous year. While the mandated CSR outlay was ₹22,732 crore, actual spending was slightly lower due to ₹3,223 crore being transferred to Unspent CSR Accounts for future use. Notably, 934 companies (70%) increased their CSR spending year-on-year, with 751 (48%) exceeding the minimum requirement. The top contributors included Reliance Industries, which spent over ₹1,300 crore, followed by HDFC Bank and Tata Consultancy Services. Education received the largest share of CSR funding, while sectors like disaster management saw reduced allocations.
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The increase in CSR spending indicates a stronger commitment by companies to social initiatives, potentially benefiting communities through enhanced funding in education and healthcare.
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