Companies Act 2013

SIGNIFICANT GROWTH IN CSR SPENDING BY LISTED FIRMS IN FY25

Corporate Social Responsibility spending by listed Indian companies witnessed a robust jump of 23 percent during the 2024-25 fiscal year. This surge is primarily attributed to a substantial rise in corporate profitability across key sectors. Under the Companies Act, 2013, profitable firms are mandated to contribute at least 2 percent of their average net profits toward social development, and the latest data indicates a growing trend of companies meeting or even exceeding these statutory requirements.