Bharat Seats CSR Spending Report of Rs 54 Lakhs for FY25

NEW DELHI (India CSR): In an era where corporate responsibility is increasingly viewed as an integral part of sustainable business, companies are stepping up to demonstrate their commitment to societal well-being. Beyond financial metrics, the true measure of a corporation’s success often lies in its positive impact on the communities it serves. Bharat Seats Limited, a prominent name in the automotive and surface transport component manufacturing sector, has once again underscored this philosophy through its comprehensive Corporate Social Responsibility (CSR) initiatives for the financial year 2024-2025. By strategically investing in vital areas such as education, healthcare, and skill development, the company has not only met but exceeded its statutory obligations, illuminating a path towards a better tomorrow for numerous individuals and families across India.

Bharat Seats Limited CSR Report FY 2025

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A Commitment Beyond Compliance: Rs. 54 Lakhs for Social Good

For the financial year ended March 31, 2025, Bharat Seats Limited reported a total CSR expenditure of Rs. 54 lakhs. This figure stands as a testament to the company’s dedication, surpassing the mandated two percent of its average net profits for the preceding three financial years, which amounted to Rs. 53.52 lakhs. The additional spending of Rs. 0.48 lakhs demonstrates a commitment that extends beyond mere compliance. Significantly, the company confirmed that there was no unspent amount from its CSR obligation for the review period, highlighting efficient planning and execution of its charitable endeavors. Bharat Seats’ approach to CSR is rooted in a belief in giving back to society, integrating social priorities alongside business objectives, and emphasizing activities that contribute to social change and empowerment.

Nurturing Minds: Investments in Education

Education remains a cornerstone of societal progress, and Bharat Seats Limited has made significant contributions in this vital sector. A substantial portion of its CSR budget, specifically Rs. 12.50 lakhs, was allocated to the “Study Hall Educational Foundation” located in Lucknow, Uttar Pradesh. This initiative aligns with the national “Beti Bachao, Beti Padhao” campaign, focusing on empowering girls from underprivileged and marginalized sections of society through education. Such investment provides crucial opportunities for young girls, enabling them to access quality learning and build a foundation for a brighter future. Additionally, another Rs. 12.50 lakhs was contributed to the “Somaiya Educational Trust” in Mumbai. This trust is dedicated to offering need-based scholarships, ensuring that deserving students, irrespective of their economic background, have the chance to pursue their academic aspirations and become culturally integrated members of society. These educational investments reflect Bharat Seats’ understanding that empowering through education is fundamental to fostering long-term social upliftment.

Empowering Futures: Skill Development Initiatives

Recognizing the critical role of skill development in economic empowerment and self-reliance, Bharat Seats Limited channeled Rs. 16.50 lakhs of its CSR funds towards the “Rotary Southend Charitable Trust” in Delhi. This partnership aims to bolster skill development programs, providing individuals with the necessary training and capabilities to secure better employment opportunities and contribute more effectively to the economy. Investing in skills helps create a more capable workforce and fosters a cycle of prosperity within communities, aligning with the company’s broader objective of driving sustainable growth that translates into progress and the fulfillment of stakeholders’ aspirations.

Promoting Well-being: Healthcare Support

Healthcare access and quality are paramount to a community’s well-being. Bharat Seats Limited demonstrated its commitment to this area by contributing Rs. 12.50 lakhs to “Sewa Bharti” in Delhi, specifically for Cochlear Implant surgery. Such targeted support addresses critical medical needs, offering life-changing interventions for individuals who might otherwise lack access to specialized healthcare. By focusing on specific medical procedures, the company ensures that its contributions have a direct and tangible impact on improving the quality of life for beneficiaries. The company’s diverse contributions across education, skill development, and healthcare exemplify its holistic approach to corporate social responsibility, aiming to address fundamental societal needs.

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Robust Governance and Transparency

Transparency and effective oversight are crucial for successful CSR initiatives. Bharat Seats Limited’s CSR activities are governed by a dedicated CSR Committee, formulated in compliance with Section 135 of The Companies Act, 2013. As of March 31, 2025, the committee comprised Ms. Nisha Malhotra as Chairperson (an Independent Director), along with other Independent Directors including Ms. Vanita Chhabra, Mr. Sanjay Bhattacharyya, Mr. Sarthak Behuria, Ms. Shyamla Khera (until July 20, 2024), and Mr. Arvind Varma (until October 20, 2024). The committee held three meetings during the financial year, with members demonstrating active participation, underscoring their commitment to supervising the company’s social investments. The company’s CSR Policy, detailing its objectives and activities, is publicly accessible on its website. While impact assessment reports were not required due to the average CSR obligation being less than Rs. 10 crores, the detailed reporting reflects a high degree of accountability and a systematic approach to corporate giving.

A Forward-Looking Approach

Bharat Seats Limited’s CSR report for 2024-2025 paints a picture of a company deeply invested in the welfare of the communities it operates within. By exceeding its financial targets and focusing on impactful initiatives in education, skill development, and healthcare, the company sets a commendable example of corporate citizenship. This ongoing commitment to social upliftment, supported by robust governance and transparent reporting, reinforces the idea that true business success is intrinsically linked to positive societal contributions. As Bharat Seats Limited continues its journey, its endeavors promise to foster progress and empower communities, demonstrating that corporate growth and social responsibility can, and should, go hand-in-hand.

FAQs: Bharat Seats Limited spent Rs. 54 lakhs in FY 2025

1. What was Bharat Seats Limited’s total CSR spending in FY 2024–25?

Bharat Seats Limited spent Rs. 54 lakhs on CSR activities during FY 2024–25.

2. Did the company exceed its mandatory CSR obligation?

Yes, the mandatory CSR amount was Rs. 53.52 lakhs, and the company spent Rs. 54 lakhs—exceeding the requirement by Rs. 0.48 lakhs.

3. Which sectors did Bharat Seats focus on for CSR?

The company focused on education, healthcare, and skill development.

4. Which major educational organizations received CSR funding?

Funds were given to Study Hall Educational Foundation (Lucknow) and Somaiya Educational Trust (Mumbai).

5. What healthcare initiative was supported?

Bharat Seats funded Cochlear Implant surgeries through Sewa Bharti in Delhi.

6. Was any CSR amount left unspent in FY 2025?

No, the company utilized the entire CSR budget with no unspent balance.