Muthoot Finance Limited: CSR spending FY 2021-22 to 2025-26
Muthoot Finance Limited spent ₹486.03 crore on CSR from FY 2021-22 to 2025-26 (standalone company, from its annual reports), shown year by year with the money set aside for ongoing projects.
FY 2024-25
In FY 2024-25 Muthoot Finance Limited spent ₹102.5 crore on CSR against a 2% obligation of ₹102.87 crore; the largest area was education (₹76.74 crore).
Period: Apr 2024 - Mar 2025.
- Obligation (2% rule): ₹102.87 crore
- Spent in the year: ₹102.5 crore (projects ₹100.17 crore, admin overheads ₹2.25 crore, impact assessment ₹0.08 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: ₹0.03 crore
- Environment spend: ₹0.63 crore
Spending by area
| Area | Amount |
|---|---|
| Education, skills, livelihood (ii) | ₹76.74 crore |
| Health, hunger, sanitation, safe water (i) | ₹18.27 crore |
| Gender equality, women/orphans/senior citizens, inequality reduction (iii) | ₹3.57 crore |
| Environment, animal welfare (iv) | ₹0.63 crore |
| Science/technology incubators (ix) | ₹0.61 crore |
| Sports (vii) | ₹0.19 crore |
| Disaster management (xii) | ₹0.13 crore |
| Heritage, art and culture (v) | ₹0.05 crore |
Main programmes
- Adoption of schools/colleges in Ernakulam, Kerala: 32.47 cr (Muthoot Educational Trust 10.00, Muthoot M George Institute of Technology 22.47)
- Education infrastructure incl. Muthoot Business School and MITS hostel, all India: 28.56 cr (via MITS, St George's Educational Society, direct)
- Scholarships and excellence awards, five states: 11.89 cr
- Education infrastructure (seminar halls, smart classrooms, STEM labs, smart Anganwadis): 1.83 cr; Kancheepuram school (Tamil Nadu): 1.99 cr
- Health: Snehashraya screening, medical and dialysis aid, Jeevjal safe water, sanitation, all India: 18.27 cr
- Muthoot Aashiyana housing in UP, Karnataka, Tamil Nadu, Kerala: 1.13 cr (18 new houses started, 8 handed over, 16 renovations)
- Vivahasammanam marriage aid for widowed mothers' daughters: 2.44 cr
- Environment: solar installations, solar street lights Haryana, waste management Madurai, e-rickshaws Jodhpur, wildlife and animal welfare: 0.63 cr
Trees and greening
- Environment projects included tree guards, water tankers and tractors for wildlife conservation support (amount not split out)
States: Kerala, Tamil Nadu, Karnataka, Uttar Pradesh, Delhi, Maharashtra, Rajasthan, Haryana, West Bengal, Uttarakhand, Telangana, All India.
Implementing agencies: Muthoot M George Foundation, MG George Muthoot Charitable Trust, St George's Educational Society, Muthoot Educational Trust, Muthoot M George Institute of Technology.
Source: S2 Annual Report 2024-25, pages pdf pp.59-66, 266
Sources: Annual Report 2024-25 – Muthoot Finance Limited; Annual Report 2023-24 – Muthoot Finance Limited
Plan your company's CSR tree planting with GreenEye
GreenEye Foundation (GEYE INNOVATION FOUNDATION) is a Section 8 non-profit registered for CSR (CSR-1 registration CSR00881842), with 12AB and 80G registration. Companies can fund tree planting with GreenEye and get geotagged photos, a tracking link and a certificate for every tree.
Talk to usShare this article