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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
An engineer of Oil and Natural Gas Corp (ONGC) works inside the Kalol oil field in Gujarat.

India's first prime minister, Jawaharlal Nehru called public sector units 'the temples of modern India'.

While some PSUs have lived up to the expectations and contributed substantially to India's economic growth, others have turned into white elephants. 

Here's a look at India's top profit making PSUs according to The Economic Times.

Oil and Natural Gas Corporation (ONGC)

Net profit: Rs 22,455.93 crore (Rs 224.55 billion)
Revenues: Rs 1,24,556.42 crore (Rs 1.24 trillion)
Assets: Rs 1,43,470.73 crore (Rs 1.43 trillion)

(Figures for the financial year ended 2010-11)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Labourers load coal on trucks at Bari Brahamina on the outskirts of Jammu.

Coal India

Net profit: Rs 10,867.35 crore (Rs 108.67 billion)
Revenues: Rs 55,148.31 crore (Rs 551.48 billion)
Assets: Rs 34,903.38 crore (Rs 349.03 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
State Bank of India.

State Bank of India

Net profit: Rs 10,684.95 crore (Rs 106.84 billion)
Revenues: Rs 1,47,843.92 crore (Rs 1.47 trillion)
Assets: Rs 14,84,481.66 crore (Rs 14.84 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
NTPC.

NTPC

Net profit: Rs 9,353.40 crore (Rs 93.53 billion)
Revenues: Rs 60,008.18 crore (Rs 600.08 billion)
Assets: Rs 1,19,683.40 crore (Rs 1.19 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
A worker transporting kerosene in a bullock cart travels past Indian Oil Corporation's fuel depot in Mumbai.

Indian Oil Corporation

Net profit: Rs 7,830.72 crore (Rs 78.30 billion)
Revenues: Rs 3,13,627.88 crore (Rs 3.13 trillion)
Assets: Rs 1,17,405.85 crore (Rs 1.17 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
NMDC.

NMDC

Net profit: Rs 6,499.22 crore (Rs 64.99 billion)
Revenues: Rs 12,574.64 crore (Rs 125.74 billion)
Assets: Rs 19,214.52 crore (Rs 192.14 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
BHEL.

Bharat Heavy Electricals (BHEL)

Net profit: Rs 6,033.36 crore (Rs 60.33 billion)
Revenues: Rs 43,434.62 crore (Rs 434.34 billion)
Assets: Rs 20,425.25 crore (Rs 204.25 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
SAIL.

Steel Authority of India (SAIL)

Net profit: Rs 4,937.73 crore (Rs 49.37 billion)
Revenues: Rs 43,556.87 crore (Rs 435.56 billion)
Assets: Rs 58,877.53 crore (Rs 588.77 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Bank of Baroda.

Bank of Baroda

Net profit: Rs 4,433.71 crore (Rs 44.33 billion)
Revenues: Rs 25,800.41 crore (Rs 258 billion)
Assets: Rs 3,55,826.85 crore (Rs 3.55 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Canara Bank.

Canara Bank

Net profit: Rs 4,034.19 crore (Rs 40.34 billion)
Revenues: Rs 25,792.60 crore (Rs 257.92 billion)
Assets: Rs 3,28,640.24 crore (Rs 3.28 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
GAIL India.

GAIL India

Net profit: Rs 4,020.97 crore (Rs 40.20 billion)
Revenues: Rs 35,664.08 crore (Rs 356.64 billion)
Assets: Rs 28,665.16 crore (Rs 286.65 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST

Power Grid Corporation

Net profit: Rs 2,971.91 crore (Rs 29.71 billion)
Revenues: Rs 9,273.61 crore (Rs 92.73 billion)
Assets: Rs 63,203.34 crore (Rs 632.03 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Oil India.

Oil India

Net profit: Rs 2,883.69 crore (Rs 28.83 billion)
Revenues: Rs 9,549.18 crore (Rs 95.49 billion)
Assets: Rs 16,789.05 crore (Rs 167.89 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Prime Minister Manmohan Singh  presents the Excellence Award to Satnam Singh, CMD, PFC.

Power Finance Corporation

Net profit: Rs 2,647.12 crore (Rs 26.47 billion)
Net profit: 10,214.10 crore (Rs 102.14 billion)
Revenues: Rs 1,01,291.25 crore (Rs 1.01 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Bank of India.

Bank of India

Net profit: Rs 2,542.42 crore (Rs 25.42 billion)
Revenues: Rs 24,500.25 crore (Rs 245 billion)
Assets: Rs 3,39,268.09 crore (Rs 3.39 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
NHPC.

NHPC

Net profit: Rs 2,316.16 crore (Rs 23.16 billion)
Revenues: Rs 5,950.74 crore (Rs 59.50 billion)
Assets: Rs 45,037.61 crore (Rs 450.37 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Union Bank of India.

Union Bank of India

Net profit: Rs 2,669.03 crore (Rs 26.69 billion)
Revenues: Rs 18,500.66 crore (Rs 185 billion)
Assets:  Rs 2,28,701.07 crore (Rs 2.28 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
Indian Bank.

Indian Bank

Net profit: Rs 1,745 crore (Rs 17.45 billion)
Revenues: Rs 10,550.82 crore (Rs 105.50 billion)
Assets: Rs 1,17,519.39 crore (Rs 1.17 trillion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
A view of Bharat Petroleum Corporation refinery is seen in Mumbai.

Bharat Petroleum Corporation

Net profit: Rs 1,634.96 crore (Rs 16.34 billion)
Revenues: Rs 1,55,370.19 crore (Rs 1.55 trillion)
Assets: Rs 41,533.77 crore (Rs 415.33 billion)

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India's top 20 profit making PSUs

Last updated on: March 21, 2012 08:13 IST
IDBI Bank.

IDBI Bank

Net profit: Rs 1,563.51 crore (Rs 15.63 billion)
Revenues: Rs 20,838.19 crore (Rs 208.38 billion)
Assets: Rs 2,46,583.94 crore (Rs 2.46 trillion)