Home India Ministry of Petroleum and Natural Gas Parliament Question: Spending of CSR Funds by Oil Companies...
Date: 2025-07-24 Category: Not Applicable State: Union Government Country: India

Parliament Question: Spending of CSR Funds by Oil Companies

Issued by Ministry of Petroleum and Natural Gas · Not Applicable

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Executive Summary & Key Takeaways

This document summarizes Lok Sabha Unstarred Question No. 850, answered on July 24, 2025, regarding the Corporate Social Responsibility (CSR) spending of major public sector oil companies. The question sought information on the net profits of Indian Oil, ONGC, BPCL, and HPCL over the last two financial years and the current year, as well as details of CSR funds spent on projects, particularly in Bihar. **Net Profit:** Net profit for the current financial year 2025-26 is not yet available. The net profits (in Rs Crore) for the preceding two financial years are as follows: | PSU | 2023-24 | 2024-25 | | :----- | :------ | :------ | | ONGC | 40526 | 35610 | | IOCL | 39619 | 12962 | | BPCL | 26673 | 13275 | | HPCL | 14694 | 7365 | | GAIL | 8836 | 11312 | | OIL | 5552 | 6114 | **CSR Expenditure in Bihar:** The following table details the CSR expenditure (in Rs Crore) by these PSUs in Bihar: | PSU | 2023-24 (Total CSR Expenditure) | 2023-24 (CSR Expenditure in Bihar) | 2024-25 (Total CSR Expenditure) | 2024-25 (CSR Expenditure in Bihar) | | :----- | :------------------------------- | :---------------------------------- | :------------------------------- | :---------------------------------- | | ONGC | 635 | 11 | 929 | 31 | | IOCL | 458 | 21 | 583 | 35 | | BPCL | 158 | 3 | 179 | 4 | | HPCL | 76 | 2 | 87 | 1 | | GAIL | 176 | 4 | 184 | 17 | | OIL | 123 | 0 | 130 | 0 | **Detailed Information:** State-wise and district-wise details of CSR projects, including those in Bihar, and related expenditures are available on the respective websites of the public sector petroleum companies: * ONGC: www.ongcindia.com * IOCL: www.iocl.com * BPCL: www.bharatpetroleum.com * HPCL: www.hindustanpetroleum.com * GAIL: www.gailonline.com * OIL: www.oil-india.com

Key Entities Referenced

SHRI PRADEEP KUMAR SINGH: Member of LOK SABHA who raised the unstarred question. PETROLEUM AND NATURAL GAS: The ministry to which the question is addressed. SHRI SURESH GOPI: Minister of State in the Ministry of Petroleum and Natural Gas who provided the answer. Indian Oil: Major public sector oil company (IOCL). ONGC: Major public sector oil company. BPCL: Major public sector oil company. HPCL: Major public sector oil company. Bihar: A state in India where CSR funds were spent.
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LOK SABHA UNSTARRED QUESTION NO. 850 TO BE ANSWERED ON 24 JULY 2025 Spending of CSR Funds by Oil Companies †850. SHRI PRADEEP KUMAR SINGH : पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ी Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state: (a) the net profit earned by major public sector oil companies like Indian Oil, ONGC, BPCL, HPCL etc. during the last two financial years and the current year; (b) the company-wise details of the Corporate Social Responsibility (CSR) fund spent on projects in accordance with the said net profit and specially on the projects in each district of Bihar; and (c) the State-wise details of expenditure made by these companies under the CSR in other States of the country so that a comparative study of the initiatives taken towards social responsibility in different States may be made? ANSWER पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ालय म(cid:336) रा(cid:475) मं(cid:361)ी ((cid:373)ी सुरेश गोपी) MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI SURESH GOPI) (a) Net Profit is calculated on the financial year basis after adjusting operational expenses, taxes etc. and published in their respective Annual Report. Net profit for the current financial year 2025-26 is not available. Net profit earned by ONGC, Indian Oil, BPCL, HPCL, GAIL and OIL during the last two financial years: - 2023-24 2024-25 PSU’s Net Profit (Rs Crore) Net Profit (Rs Crore) ONGC 40526 35610 IOCL 39619 12962 BPCL 26673 13275 HPCL 14694 7365 GAIL 8836 11312 OIL 5552 6114 (b) & (c) Amount spent under Corporate Social Responsibility (CSR) by ONGC, IndianOil, BPCL, HPCL, GAIL and OIL in the state of Bihar is given below:PSU’s 2023-24 2024-25 Total CSR CSR Expenditure Total CSR CSR Expenditure (Rs in Bihar (Rs Expenditure (Rs Expenditure in Crore) Crore) Crore) Bihar (Rs Crore) ONGC 635 11 929 31 IOCL 458 21 583 35 BPCL 158 3 179 4 HPCL 76 2 87 1 GAIL 176 4 184 17 OIL 123 0 130 0 State-wise and district-wise CSR projects including in the state of Bihar and expenditure done by ONGC, Indian Oil, BPCL, HPCL, GAIL and OIL are available on the respective websites of public sector petroleum companies i.e. www.ongcindia.com, www.iocl.com, www.bharatpetroleum.com, www.hindustanpetroleum.com, www.gailonline.com, www. oil- india.com. *******

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