The top four families of the country- Tata, Ambani, Adani and Birla-Birla- were about 20 per cent of the total expenses incurred by the family-owned or family-owned companies in FY 2024. According to the 'India Philomidy Report 2025' prepared by Ben & Company with Dasra, these companies contributed an average of Rs 800 crore to Rs 1,000 crore per group. This report has been released today.
The report also focuses on the broad role of the top 2 per cent trading houses that operate about 350 companies. The contribution of the top 2 per cent of the business houses was recorded at 50 to 55 per cent of the total CSR spending of business houses or the total CSR spending of companies operated by them.
The category also includes several other big names including Munjal of Hero MotoCorp, Piramal Enterprises run by Piramal family and Kanwar families of Apollo Tires. Each of these families has invested an average of 20 to 25 crores. The remaining 98 per cent of the business houses operate more than 16,500 companies. His contribution to the CSR item was Rs 1 crore on average, which ranks from Rs 50 lakh to maximum of Rs 7 crore. These include most SMEs, medium -sized enterprises and MSMEs.
The report also took advantage of the network of 350 families of Dasra to get information about the religious houses of business houses. According to the data, these families contributed a total of Rs 1,600 crore by December 2024 and made 20 strategic partnerships.
Despite the companies run by business houses have adequate contribution to the CSR item, the contribution of rich and over -over -individuals and rich people to CSR item decreased in FY 2024. His contribution was 26 percent of the total private sector spending in Dharmada works. The figure was 27 percent in FY 2023.
The main reason for this was just a slight increase of 2 percent in the CSR expenditure of overdom persons. During this period, the contribution of the private sector increased by 7 per cent to Rs 131,000 crore in FY 2024.
The report estimated that in the near future, there will be a significant increase in the share of wealthy and over -over -excess persons. It has been hoped that by FY 2029, his stake will be 32 to 36 percent of the total contribution of the private sector in Dharmada works.
This report also highlights some interesting trends. The report shows that business houses are focusing on increasing CSR spending in areas that were previously ignored. For example, 40 per cent of business houses are now paying more attention to issues such as gender, equality, diversity and inclusion, 29 per cent of the eyes on climate related work, 8 per cent emphasis on animal welfare and 39 per cent is to prepare a future friendly environment.
In addition, about 55 percent of the business houses are in the hands of women. Similarly, in 33 percent of business houses, new generations are advancing their religious works. About 65 percent of business houses have dedicated employees to oversee their religious works. The report shows that 41 percent of business houses prefer to donate to their basic approaches.
First Published – February 26, 2025 | 11:27 PM IST
