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Top CSR Companies in India: Biggest Spenders (FY2024-25)
A handful of banks, energy majors and IT firms carry a large share of India’s CSR. The concentration matters for more than a league table: the biggest spenders run the biggest, most dispersed programmes – across hundreds of districts and lakhs of beneficiaries – which are precisely the programmes that are hardest to verify and most exposed under the independent-assessment rules. Here is who spends the most, from the government data. For the full national picture by state and sector, see our CSR spending in India hub.
Which companies spend the most on CSR?
In FY2023-24 – the latest year with the full all-company breakdown from the National CSR Portal – the top 10 spenders were:
| Rank | Company (FY2023-24) | CSR spent (₹ Cr) |
|---|---|---|
| 1 | HDFC Bank | 907 |
| 2 | Reliance Industries | 899 |
| 3 | Tata Consultancy Services | 813 |
| 4 | ONGC | 612 |
| 5 | Tata Steel | 573 |
| 6 | Infosys | 451 |
| 7 | Indian Oil Corporation | 436 |
| 8 | ITC | 380 |
| 9 | ICICI Bank | 368 |
| 10 | Power Grid Corporation | 338 |
Together these ten companies spent about ₹5,777 crore – roughly 16% of all CSR in the country – concentrated in banking, energy and technology.
The FY2024-25 picture
Provisional FY2024-25 figures for NSE main-board companies show the same names, with the gap at the very top widening as Reliance pulls ahead.
| Company (FY2024-25, provisional) | CSR spent (₹ Cr) |
|---|---|
| Reliance Industries | 1,310 |
| HDFC Bank | 1,068 |
| Tata Consultancy Services | 960 |
| ONGC | 929 |
| ICICI Bank | 801 |
| Tata Steel | 585 |
| Indian Oil Corporation | 583 |
| Infosys | 526 |
These FY2024-25 figures are on an NSE-listed basis and are not directly comparable with the all-company totals above, but the direction is clear: the largest programmes are getting larger.
PSU versus private CSR
Despite high-profile public-sector spenders like ONGC, Indian Oil and Power Grid, private companies dominate. In FY2023-24, non-PSU companies spent ₹31,092 crore against ₹4,826 crore for PSUs – a ratio of about 6.4 to 1. The private sector is now the primary engine of CSR-funded development in India.
Big CSR programmes need independent field verification
Under Rule 8(3) of the CSR Rules, a company with a CSR obligation of ₹10 crore or more must have its large projects independently assessed – by an agency that is not the implementer. Every company in the tables above clears that bar many times over. The larger and more dispersed the programme, the more it needs a verification partner that can actually reach every site.
Running a large, multi-state CSR programme? Let’s put independent, geo-tagged field verification behind it – for Rule 8(3) impact assessment, project verification or ESG field data.
Frequently asked questions
Which company spends the most on CSR in India?
How much do the top companies spend on CSR?
Do PSUs or private companies spend more on CSR?
How much are companies required to spend on CSR?
Where does company-wise CSR data come from?
