NEW DELHI (India CSR): In FY 2023-24, Amara Raja Energy & Mobility Limited (ARE&M) reaffirmed its strong commitment to Corporate Social Responsibility (CSR) by spending the entire mandated Rs 16.80 crore under Section 135 of the Companies Act, 2013. Focused on long-term socio-economic upliftment, the company channelled this spending into transforming lives through access to quality education, healthcare, environment sustainability, and rural infrastructure.
Backed by the Rajanna Foundation and Amara Raja Educational Society, these initiatives directly benefited over 50,000 people, with an overwhelming focus on marginalized and vulnerable communities, especially in the rural belts of Andhra Pradesh.
Commitment to CSR Compliance
Amara Raja Energy & Mobility, with a turnover of Rs 11,260.30 crore and net worth of Rs 6,768.65 crore in FY 2023-24, fulfilled its CSR obligation of Rs 16.80 crore—equivalent to 2% of its average net profit of Rs 840.12 crore.
Notably, the company reported zero unspent CSR funds, no administrative overhead, and no impact assessment cost during the year, highlighting transparency and efficient use of resources.
Key Facts Table: Amara Raja Energy & Mobility Limited for FY 2023-24:
| Key Fact | Details |
|---|---|
| Company Name | Amara Raja Energy & Mobility Limited |
| Financial Year | 2023–24 |
| Total Turnover | Rs 11,260.30 crore |
| Average Net Profit (Last 3 Years) | Rs 840.12 crore |
| CSR Obligation (2% of Net Profit) | Rs 16.80 crore |
| Total CSR Spent | Rs 16.80 crore |
| Unspent CSR Amount | Rs 0 (Nil) |
| Administrative Overheads | Rs 0 |
| Impact Assessment Cost | Rs 0 |
| Excess CSR for Set-Off | Nil |
| CSR Implementing Agencies | Rajanna Foundation, Amara Raja Educational Society |
| Key CSR Focus Areas | Education, Health, Skill Development, Environment, Rural Infrastructure |
| Total Beneficiaries | Over 50,000 people |
| Education Beneficiaries | 4,718 students (80% vulnerable communities) |
| Skill Development | 1,533 youth (100% from rural areas) |
| Primary Healthcare | 17,163 outpatients + 14,190 diagnostics |
| Environmental Efforts | 71,000+ saplings planted; 12 tribal families employed |
| Water Projects | Benefited 21,674 people in 60 villages |
| Infrastructure Projects | Roads, toilets, marriage halls, bus shelters, crematoriums |
| CSR Committee Members | Jayadev Galla (Chairman), T R Narayanaswamy, N Sri Vishnu Raju |
| Compliance with Section 135 of Companies Act | Fully Complied |
Focused Areas of CSR Investment
1. Education for All: Reaching Rural Roots
Through three schools run under the Amara Raja Educational Society—Karakambadi, Diguvamagham, and Petamitta—the company provided CBSE-affiliated quality education to 4,718 students, of which 80% belong to vulnerable communities. These schools play a crucial role in nurturing future generations by offering structured education with modern infrastructure.
2. Skill Development: Empowering Rural Youth
Since its inception in 2014, the Amara Raja Skill Development Centre (ARSDC) at Petamitta has become a hub for skilling youth, especially women. In FY 2023-24, 1,533 students, including 423 girls, were trained under various trades, preparing them for non-migratory employment and aligning with the government’s ‘Make in India’ mission.
3. Healthcare Access: Touching 20,000 Lives
Under the CSR healthcare program, ARE&M extended primary health services to over 17,163 outpatients, supported by diagnostic testing for 14,190 individuals. These services target rural populations lacking access to affordable medical care—especially children, women, and the elderly.
Environmental Commitment and Rural Infrastructure
4. Social Forestry & Environment
The company’s social forestry program included the planting of over 71,000 saplings, employing 12 tribal families in the process. This green initiative supports sustainable livelihoods while enhancing biodiversity and forest regeneration.
5. Water Conservation and Village Development
Amara Raja supported the construction of check dams and deepening of lakes across 60 villages in 12 panchayats, benefiting 21,674 people through improved water access. In addition, infrastructure projects like roads, public toilets, auditoriums, marriage halls, and electric crematoriums enhanced community well-being across three villages and two schools.
CSR Governance and Transparency
The CSR initiatives of Amara Raja are overseen by a dedicated committee consisting of:
- Jayadev Galla, Executive Director and Chairman
- T R Narayanaswamy, Independent Director
- N Sri Vishnu Raju, Independent Director
The committee convened twice during the year to ensure efficient planning and execution of all CSR projects.
Beneficiary Overview: Impact by Numbers
| CSR Initiative | Beneficiaries | % from Vulnerable Groups |
|---|---|---|
| Education (3 Schools) | 4,718 | 80% |
| Skill Development | 1,533 | 100% |
| Primary Healthcare | 17,163 | 100% |
| Social Forestry | 12 tribal families | 100% |
| Rural Infrastructure (2 Villages) | Entire population | 100% |
| Water Projects | 21,674 | 100% |
| Community Support (3 Villages & 2 Schools) | Entire population | 100% |
Ethical Business Practices and Community Engagement
Amara Raja follows the National Guidelines on Responsible Business Conduct (NGRBC) and maintains an effective Grievance Redressal Mechanism across stakeholder categories. In FY 2023-24, 0 community grievances were pending, while suggestions for safety and quality were actively integrated into program designs.
Feedback loops ensure that marginalized voices are heard and responded to respectfully and promptly.
No Aspirational District Focus Yet
Despite the wide-ranging rural outreach, Amara Raja’s CSR portfolio does not yet include designated aspirational districts as identified by government bodies. However, the scale and depth of its current interventions are aligned with national development goals and Sustainable Development Goals (SDGs).
No Capital Assets Created, Full Compliance Maintained
The company reported no capital assets created from CSR funds and no excess spending carried forward. All projects were completed within the financial year, meeting the spirit and letter of the Companies Act provisions.
You Learn: People-Centric Approach Driving Real Impact
Amara Raja Energy & Mobility Limited’s CSR performance in 2023-24 is a testament to how businesses can meaningfully engage with communities, particularly the underserved, through education, skill-building, environmental sustainability, and healthcare. By spending 100% of its CSR obligation and ensuring 100% transparency, the company sets a high standard for others in the sector.
Their impact extends beyond numbers—uplifting lives, creating job-ready youth, promoting green villages, and building lasting public infrastructure. With a foundation of integrity and social purpose, Amara Raja continues to be a model of responsible corporate citizenship.
FAQs: Amara Raja Energy & Mobility Limited’s CSR spending for FY 2023-24:
1. How much did Amara Raja Energy & Mobility Limited spend on CSR in FY 2023-24?
Answer: The company spent ₹16.80 crore, fulfilling its entire CSR obligation for the year.
2. What were the key focus areas of their CSR activities?
Answer: Education, healthcare, environment, skill development, and rural infrastructure.
3. How many people benefited from their CSR projects?
Answer: Over 50,000 people, including students, patients, youth, and rural villagers.
4. Did the company have any unspent CSR amount in FY 2023-24?
Answer: No, the entire CSR obligation was fully utilized.
5. Which organizations implemented the CSR projects?
Answer: The Rajanna Foundation and Amara Raja Educational Society led the implementation.
6. Were any CSR funds used in aspirational districts?
Answer: No, but the initiatives focused on rural and marginalized communities near operational sites.
