In FY2024–2025, Mahindra & Mahindra Ltd. (M&M) went above and beyond its statutory duty under Section 135 of the Companies Act, 2013, to show a strong commitment to Corporate Social Responsibility (CSR). Given that the company’s average net profit over the last three fiscal years was Rs. 7,611.58 Crore, a minimum CSR expenditure of 2%, or Rs. 152.23 Crore, is required.
M&M exceeded the mandate by Rs. 0.13 Crore, investing a total of Rs. 152.36 Crore. This expenditure matches the company’s basic purpose: “Drive positive change in the lives of our communities. We won’t ascend until we give others the opportunity to do so. The Board-level CSR Committee, led by Muthiah Murugappan (DIN: 07858587), was in charge of overseeing CSR efforts. It was made up of independent directors, the Group CEO & Managing Director, and Chairman Anand Mahindra. To supervise strategy, execution, and monitoring, the committee convened three times a year. With an emphasis on education, skill development, and sustainability, the CSR Policy, which is in line with Schedule VII of the Companies Act, highlights high-impact programmes in environmental protection and the empowerment of women and girls.
The “Rise for a More Equal World” attitude serves as the foundation for M&M’s CSR initiatives, which combine social impact with corporate operations. More than 70% of beneficiaries are women and girls, since investments give priority to marginalised and vulnerable communities. BlueSky Sustainable Business LLP conducted third-party impact assessments on all projects for five flagship programmes, deeming them “Exemplary” for their strong execution and accomplishment of objectives. Expenditures are concentrated in flagship programmes; however, the report does not include comprehensive project-wise financials. An overview based on stated impacts, recipients, and qualitative allocations may be found below. The whole expenditure amounts to Rs. 152.36 crore.
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