CPSE net profits up 47% in FY24
Financial Express Kochi|December 21, 2024
● Petroleum firms boost earnings; m-cap up 121%
PRASANTA SAHU

AFTER a 15% decline in aggregate net profit in FY23, the Central Public Sector Enterprises (CPSEs) posted a robust 47% annual growth in net profit in FY24, thanks to a surge in profits of petroleum sector firms.

The operating CPSEs, totaling 272, reported an aggregate net profit of ₹3.22 lakh crore in FY24, compared with ₹2.18 lakh crore in FY23.

Oil and Natural Gas Corporation (ONGC) recorded the highest profit at ₹40,526 crore in FY24, marginally up on year. ONGC was closely followed by Indian Oil, which reported 3.8 times profit growth at ₹39,619 crore.

この記事は Financial Express Kochi の December 21, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Kochi の December 21, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS KOCHIのその他の記事すべて表示
Financial Express Kochi

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

time-read
3 分  |
January 03, 2025
Financial Express Kochi

White-collar hiring up 9% in December

Hiring for white-collar jobs in India rose 9% in December compared to the same month in the previous year, a survey released on Thursday showed.

time-read
2 分  |
January 03, 2025
Financial Express Kochi

Norms for capex release...

Minimising Shortfall

time-read
2 分  |
January 03, 2025
Financial Express Kochi

Indices soar nearly 2%

EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Rein in tax terrorism

WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS

time-read
4 分  |
January 03, 2025
Financial Express Kochi

Lessons from Manmohan Singh

Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister

time-read
3 分  |
January 03, 2025
Financial Express Kochi

H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

time-read
2 分  |
January 03, 2025
Financial Express Kochi

New Orleans attack: Accused was inspired by Islamic State

A Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas on Wednesday, killing the driver and injuring seven others, and the FBI was investigating whether the blast was an act of terrorism, officials said.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Europe, Asia factories end 2024 on weak footing

FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.

time-read
1 min  |
January 03, 2025