India is the world's third largest pharmaceutical industry in terms of volume and world's 13th largest pharmaceutical industry by value. The top 8 to 10 companies including Sun Pharma, Lupin, Dr. Reddy’s Labs and Cipla occupy 70 to 80 percent of the Indian pharmaceutical market space. It is estimated by a Fitch Group company named India Rating that the Indian pharmaceutical industry will grow at a rate of 20 percent during 2015-2020. The domestic market is expected to do better this time as the projected growth rate is 10-12 percent during 2015-16 as compared to 9 percent in 2014-15. The companies selected in this study were Biocon Ltd, Lupin, Dr. Reddy's Labs, Cipla and Torrent Pharmaceuticals.This paper tries to find out the purpose of the social activities being conducted by the top 5 Pharmaceuticals companies in India. This study used annual reports of selected pharmaceutical companies for the years 2014-15 to 2017-18. The study analyzed the Correlations matrix using SPSS 20 version software. In addition to checking the hypothesis of this study and checking whether there was a relationship between the variables. The hypothesis that was formulated and one way ANOVA test was done. The result shows that the there is a significant positive relationship between corporate social responsibility and Financial variables PAT and EPS in selected pharmaceutical companies in India.

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Keywords: CSR, Pharmaceutical Sector, PAT, EPS, ANOVA, SPSS, ROCE, ROA.