Titan Company Limited: CSR and Audit Highlights FY25!

CSR Report for Titan Company FY25

Titan Company’s Corporate Social Responsibility (CSR) activities for FY25 are detailed in its annual and integrated reports. The company continues its focus on education, skill development, and community well-being as key pillars of its CSR policy. In the previous year (FY24), Titan spent ₹57.99 crores on CSR initiatives, with a significant emphasis on the education of underprivileged girl children. While the exact amount spent in FY25 is not explicitly stated in the available search results, the company’s annual reports for FY25 confirm ongoing commitment and compliance with statutory CSR requirements

The auditor’s report for FY25 specifically notes:

This means Titan Company fully spent its required CSR allocation for FY25, with no unspent amounts carried forward.

Audit Report for Titan Company FY25

The independent auditor’s report for FY25 was issued by B S R & Co. LLP, Chartered Accountants, and covers the standalone financial statements as of 31 March 20255. Key points include:

• The financial statements give a true and fair view of the company’s affairs, profit, and cash flows for the year ended 31 March 2025, in compliance with Indian accounting standards and the Companies Act, 2013

• The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act. The auditors found no material misstatements due to fraud or error

• Key audit matters included:

  • Revenue recognition: The company’s revenue recognition policies and controls were thoroughly tested due to the high volume and value of transactions, especially in jewellery and watches.

  • Inventory existence: Given the high value of inventory (jewellery, watches), auditors focused on physical verification, controls over inventory management, and surprise stock counts

• The auditors also evaluated the company’s internal financial controls and found them adequate and operating effectively as of 31 March 2025

• The report confirms that the company maintained proper records for property, plant, equipment, and intangible assets, and that there were no significant issues regarding statutory compliance

Conclusion:Titan Company fully complied with its CSR obligations for FY25 and received an unqualified (clean) audit opinion from its statutory auditors, confirming the integrity of its financial reporting and internal controls.