Public Enterprises Survey (2008-09), brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, Government of India on the performance of 246 CPSEs was placed in both the Houses of Parliament on 25th February, 2010.
The main Highlights of CPSEs, during 2008-09 are mentioned below:
(I) Investment in CPSEs
Total paid up capital in 246 CPSEs as on 31.3.2009 stood at Rs.138843 crore compared to Rs.131232 crore as on 31.3.2008, showing a growth of 5.80% over the previous year.
Total investment (equity plus long term loans) in all CPSEs stood at Rs.528951 crore as on 31.3.2009 compared to Rs.455367 crore as on 31.3.2008, registering a growth of 16.16%.
Capital employed (net block plus working capital) in all CPSEs as on 31.3.2009 stood at Rs.794105 crore compared to Rs.724406 crore as on 31.3.2008, showing a growth of 9.62% over the previous year.
(II) Profit / Loss and Networth
The profit of Profit making CPSEs went up from Rs.91571 in 2007-08 to Rs. 98652 crore in 2008-09.
Reserves and surplus of all CPSEs went up from Rs. 485540 crore in 2007-08 to Rs.535840 crore in 2008-09, showing an increase of 10.36%.
Net Worth of all CPSEs went up from Rs.520968 crore in 2007-08 to Rs.588217 crore in 2008-09, registering a growth of 12.91%
(III) Contribution of CPSEs to Central Exchequer
Contribution of CPSEs to Central Exchequer by way of excise duty, customs duty, corporate tax, interest on Central Government loans, dividend and other duties and taxes declined from Rs. 165994 crore in 2007-08 to Rs.151728 crore in 2008-09, showing a decrease of 8.59%.
(IV) Foreign Exchange Earnings
Foreign exchange earnings through exports of goods and services increased from Rs.67678 crore in 2007-08 to Rs. 74184 crore in 2008-09, showing a growth of 9.61%.
Foreign exchange outgo on imports (primarily crude oil) went up from Rs.368228 crore in 2007-08 to Rs.428821 crore in 2008-09, showing a growth rate of 16.46%.
(V) Market Capitalisation (M_Cap) and Stock Exchange
Total Market Capitalisation (M_Cap) of 41 listed CPSEs, based on the stock price in Mumbai Stock Exchange decreased from Rs.1120752crore as on 31.3.2008 to Rs. 813530 crore as on 31.3.2009. M_Cap of listed CPSEs as per cent of BSE M_Cap went up from 21.80% as on 31.03.2008 to 26.36% as on 31.3.2009.
Loss of loss making PSUs, and profit of profit making Indian puplic enterprises on the rise
Special Correspondent - 2010-03-02 11:26
New Delhi: The profit of Profit making CPSEs went up from Rs.91571 crore in 2007-08 to Rs. 98652 crore in 2008-09. The loss of loss making CPSEs went up from Rs.10257 crore in 2007-08 to Rs. 14424 crore in 2008-09.