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Companies Act 2013 · Section 135 & 198

CSR Calculation as per Companies Act 2013

Calculate the mandatory CSR spend — 2% of the average net profit of the three immediately preceding financial years, computed under Section 198. Includes an applicability check and a simplified Section 198 net-profit worksheet.

Net profit — three preceding financial years

Applicability check (immediately preceding FY)

Trigger ≥ ₹500 cr
Trigger ≥ ₹1,000 cr
Trigger ≥ ₹5 cr

CSR obligation

CSR provisions NOT triggered (check thresholds)
Average net profit (3 yrs)
₹15,00,00,000
CSR to be spent (2%)
₹30,00,000
Preceding FY (most recent)₹10,00,00,000
2nd preceding FY₹15,00,00,000
3rd preceding FY₹20,00,00,000
Average₹15,00,00,000
2% CSR obligation₹30,00,000

CSR obligation < ₹50 lakh → the Board may discharge CSR Committee functions itself.

How CSR is calculated under Section 135

A company crossing any one threshold in the immediately preceding financial year — net worth ≥ ₹500 crore, turnover ≥ ₹1,000 crore, or net profit ≥ ₹5 crore — must spend at least 2% of the average net profit of the three immediately preceding financial years on CSR activities.

CSR = 2% × (NP₁ + NP₂ + NP₃) ÷ 3

Frequently asked questions

How is CSR calculated as per Companies Act 2013?

CSR = 2% × average net profit of the three immediately preceding financial years, where net profit is computed under Section 198 — not the profit-and-loss figure and not taxable income.

When do CSR provisions apply?

If in the immediately preceding financial year the company had net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or net profit of ₹5 crore or more.

When is a CSR Committee required?

Where the CSR obligation exceeds ₹50 lakh a CSR Committee of the Board is required; below that the Board itself may discharge the Committee's functions.

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For general guidance only. Verify against the latest Schedule II, the Companies Act, 2013 and your company's accounting policy before relying on these figures.