VLS Finance Limited FY 2024-25 CSR Report Highlights Strategic Focus on Education, Tribal Welfare, and Environmental Sustainability
NEW DELHI (India CSR): For VLS Finance Limited (VLSFL), Corporate Social Responsibility (CSR) is not just a compliance requirement—it’s a reflection of its enduring commitment to nation-building and social equity. The financial year 2024–25 marks a significant chapter in the company’s social impact journey, as it fulfilled its entire CSR obligation of Rs 4.47 crores, investing in initiatives that uplift education, empower tribal communities, and protect the environment.
Through strategic collaborations and targeted interventions, VLS Finance focused its CSR spending on high-impact areas such as tribal education under the Ekal Vidyalaya program, girl child learning through IIMPACT, and environmental conservation via the Clean Ganga Fund.
The company’s FY 2024–25 CSR Report reveals a structured, transparent, and compliance-driven approach, balancing financial prudence with compassion. Every rupee of the mandated fund was either utilized directly or committed to ongoing projects. By channeling corporate profits into education, health, and sustainability, VLS Finance continues to prove that responsible finance is not only about numbers—it’s about nurturing lives, communities, and a cleaner, greener India.
Key Facts Table: VLS Finance Limited CSR Spending Report FY 2024-25
| Category | Details (FY 2024-25) |
|---|---|
| Company Name | VLS Finance Limited |
| Financial Year | 2024–2025 |
| Average Net Profit (Last 3 Years) | Rs 223.48 crores |
| Statutory CSR Obligation (2%) | Rs 4.47 crores |
| Actual CSR Expenditure | Rs 2.95 crores |
| Unspent CSR Amount (for ongoing projects) | Rs 1.52 crores |
| Total CSR Commitment (Obligation Met) | Rs 4.47 crores |
| Funds Transferred to Unspent CSR Account | Rs 1,51,80,041 (Rs 1.52 crores) |
| Date of Transfer to CSR Account | April 30, 2025 |
| CSR Compliance Status | 100% Compliant |
| Primary CSR Focus Areas | Education, Environment, Health & Community Welfare |
| Major Educational Initiatives | 100 Ekal Vidyalaya Centers (Rajasthan & Himachal Pradesh), IIMPACT Girl Education Centers (Kanpur Dehat) |
| Funds for Educational Projects | Rs 36.85 lakhs |
| Infrastructure Support (Science Lab & Computer Room) | Rs 15.00 lakhs |
| Environmental Contribution (Clean Ganga Fund) | Rs 78.31 lakhs |
| Other Charitable and Health Projects | Rs 1.50 crores (approx.) |
| Ongoing Project Allocations (FY 2025–26) | Rs 1.27 crores (Education & Social Welfare) |
| Total Number of CSR Projects Supported | 6 Major Projects |
| Governance Oversight | Board of Directors (No Separate CSR Committee Required) |
| Geographical Reach of Projects | Rajasthan, Himachal Pradesh, Uttar Pradesh, National (Clean Ganga Fund) |
| Key Partner Organizations | Friends of Tribals Society, Bharat Lok Shiksha Parishad, IIMPACT, Sri Sankat Mochan Dham Trust |
| Policy Alignment | Schedule VII, Section 135 of Companies Act, 2013 |
| Reporting Status | Fully Reported in Annual Report FY 2024–25 |
Commitment Beyond Compliance: Meeting Every Rupee of the CSR Obligation
VLS Finance Limited’s CSR framework is anchored in strict compliance with Section 135 of the Companies Act, 2013, which mandates that companies spend 2% of their average net profits of the preceding three years on CSR.
For FY 2024-25, the company’s average net profit over the last three financial years stood at Rs 223.48 crores, leading to a CSR obligation of Rs 4,46,96,330 (Rs 4.47 crores).
The company executed a 100% utilization of this obligation through direct project spending and systematic fund allocation for ongoing initiatives.
- CSR Obligation (FY 2024-25): Rs 4.47 crores
- Actual Spent: Rs 2.95 crores
- Transferred to Unspent CSR Account: Rs 1.52 crores
- Compliance Status: 100% achieved
By allocating resources responsibly between completed and ongoing initiatives, VLSFL showcased governance excellence and fiscal transparency in CSR implementation.
Education: The Cornerstone of Sustainable Change
Education remained the central focus of VLS Finance Limited’s CSR strategy in FY 2025. The company believes that equitable access to quality education is fundamental for empowering marginalized communities and building an inclusive economy.
Empowering Tribal Education Through ‘Ekal Vidyalaya’
VLSFL partnered with two organizations — Friends of Tribals Society (FTS) and Bharat Lok Shiksha Parishad (BLSP) — to fund the operation of 100 Ekal Vidyalayas (50 each in Rajasthan and Himachal Pradesh).
These schools bring basic literacy and value education to children in rural and tribal areas where formal schooling remains inaccessible.
- Funds for FTS (Rajasthan): Rs 15.00 lakhs
- Funds for BLSP (Himachal Pradesh): Rs 15.00 lakhs
This initiative supports over 3,000 tribal children annually, bridging learning gaps and promoting holistic community development.
Girl Child Education: Supporting IIMPACT Learning Centers
VLS Finance also extended its CSR reach through the IIMPACT project, which runs educational centers for girls in underprivileged rural areas.
In FY 2025, the company funded five IIMPACT centers in Kanpur Dehat, Uttar Pradesh, benefitting over 150 girls from low-income families.
- Funds Allocated: Rs 6.85 lakhs
These centers provide literacy, numeracy, and life skills education to young girls who are often first-generation learners. By investing in girl child education, VLSFL is directly contributing to breaking cycles of poverty and gender inequality.
Creating Infrastructure for Learning
In addition to supporting ongoing educational programs, VLS Finance Limited also invested in infrastructure development to ensure long-term access to quality education.
The company provided Rs 15.00 lakhs to the Sri Sankat Mochan Dham Trust in Kanpur for furnishing a science laboratory and computer room at the Smt. Kasturi Devi Parashar Inter College in Salai, Kasganj District (U.P.).
This investment in physical infrastructure enables students to gain practical exposure to science and technology, aligning with India’s larger goal of building a digitally and scientifically empowered youth population.
Environmental Sustainability: Supporting the Clean Ganga Mission
Environmental preservation is a crucial pillar of VLSFL’s CSR strategy. In FY 2025, the company contributed Rs 78.31 lakhs to the Clean Ganga Fund, established by the Government of India.
This contribution supports the rejuvenation of the Ganga River Basin, enhancing water quality, waste management, and biodiversity conservation along one of the world’s most vital ecosystems.
Through this initiative, VLS Finance reaffirmed its commitment to environmental stewardship and the broader global agenda of sustainable resource management.
Ensuring Compliance Through Transparency and Accountability
VLS Finance Limited maintained full compliance with CSR laws and best practices by meticulously managing its unspent CSR funds.
A total of Rs 1.52 crores— earmarked for ongoing projects such as future educational partnerships — was transferred to the “VLS Finance Limited – Unspent CSR Account” before April 30, 2025, as required under Section 135(6) of the Companies Act.
This transfer included:
- Rs 25.00 lakhs for BLSP’s next phase of Ekal Vidyalaya operations
- Rs 1.27 crores (Rs 1,26,80,041) reserved for additional educational and social welfare projects scheduled for FY 2025–26
Such proactive fund management highlights the company’s financial discipline and long-term commitment to sustainable project execution.
Broader Social Investments and Health Support
While education and environment were the core themes, VLS Finance Limited also diversified its CSR focus to include community health and welfare. The company contributed to medical aid programs and charitable organizations providing healthcare access to economically weaker sections.
By integrating health and education initiatives, VLS Finance reinforced its holistic view of social development—recognizing that education and wellness are deeply interconnected in ensuring lasting community transformation.
Governance Excellence: CSR Oversight and Accountability
VLS Finance Limited’s CSR initiatives are guided by a structured governance framework under the Board’s supervision. The company ensures that all funded organizations are registered under the Ministry of Corporate Affairs’ CSR portal and possess valid CSR registration numbers.
Moreover, the CSR policy emphasizes transparency, with detailed disclosures on project implementation, impact monitoring, and fund utilization presented annually to stakeholders.
This governance rigor ensures that VLS Finance’s CSR spending achieves measurable outcomes in the communities it serves.
You Learn
The Rs 4.47 crore CSR expenditure by VLS Finance Limited in FY 2024-25 stands as a strong example of how a financial institution can be both profitable and purpose-driven.
From supporting rural education through Ekal Vidyalayas to empowering young girls via IIMPACT, and investing in environmental restoration through the Clean Ganga Fund, the company’s CSR portfolio demonstrates balance, foresight, and social empathy.
By ensuring complete compliance, transparent governance, and timely fund deployment, VLS Finance has not only met statutory expectations but also established itself as a champion of responsible corporate citizenship—where financial growth translates into human progress.
(India CSR)
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