Overall profit of profit making CPSEs increased by 37%, while total loss of loss making CPSEs declined by 29% as compared to FY 2011.
Overall profit of profit making CPSEs increased by 37%, while total loss of loss making CPSEs declined by 29% as compared to FY 2011.
Financial year 2021, the one-year period just after the national lockdown was announced, was a relatively better year for central public sector enterprises (CPSEs) in terms of profits. The total profit of profit making CPSEs increased by 37% over FY20, while the total losses of the loss-making CPSEs have declined by 29%. 254. out of CPSE For which data is available, 177 made a net profit while 77 made a net loss in FY 2011. It is a matter of concern that out of 77 loss making CPSEs, 28 have reported net loss for the third year in a row.
Total Loss/Profit
The graphs show the total profit made by profit making CPSEs (left) and total loss made by loss making CPSEs in FY21 and FY20
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Loss/Profit in FY 2011
The graph shows the net profit and net loss made by CPSEs in FY 2011. Those are the companies that reported profit and those that reported loss
constant loss
The table lists a select group of CPSEs which have incurred losses in the last three financial years. Figures ₹ lakh. shows the net loss incurred in
In FY 2011, BSNL recorded the highest loss among all CPSEs, although the loss has almost halved as compared to FY 2010. The company currently employs 64,536 employees and spends around ₹6,67,916 lakh on their salaries.
Source: PE Survey