FY 2023-24

In FY 2023-24 Muthoot Finance Limited spent ₹99.56 crore on CSR against a 2% obligation of ₹99.84 crore.

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹99.84 crore
• Spent in the year: ₹99.56 crore (projects ₹97.43 crore, admin overheads ₹2.06 crore, impact assessment ₹0.06 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess from earlier years set off against this year's obligation: ₹0.41 crore
• Environment spend: ₹0.62 crore

Main programmes

• Adoption of schools/colleges, Ernakulam (Kerala): 50.25 cr via Muthoot Educational Trust and Muthoot M George Institute of Technology
• Scholarships and excellence awards (MBBS, engineering, nursing; 2,000 students in grades 8-9), all India: 13.87 cr
• School infrastructure, seminar halls, smart Anganwadis in several states: 10.96 cr (St George's Educational Society)
• Sports promotion: 9.52 cr (Muthoot Educational Trust)
• Poor patients' medical assistance and dialysis, all India: 7.18 cr
• Support to other organisations' infrastructure (water, health, sanitation, solar lights): 2.89 cr
• Swachh Bharat, solar lamps/panels, canal cleaning, waste management, Harithatheeram in 11 states: 0.62 cr
• Muthoot Aashiyana housing handed over 14 houses (cumulative over 250); Snehashraya health screening 0.47 cr; Vivahasammanam 0.40 cr

States: Kerala, Tamil Nadu, Delhi, Punjab, Odisha, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, West Bengal, Telangana, Andhra Pradesh, All India.

Implementing agencies: Muthoot Educational Trust, Muthoot M George Institute of Technology, St George's Educational Society, Muthoot M George Foundation, MG George Muthoot Charitable Trust.

Source: S3 Annual Report 2023-24, pages pdf pp.52-58, 243-244