Lok Sabha Question No. 1561 (UNSTARRED), answered on 2020-09-20
Subject: Performance of CPSEs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: Behanan Benny

## GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES DEPARTMENT OF PUBLIC ENTERPRISES

## LOK SABHA

## UNSTARRED QUESTION No. 1561

TO BE ANSWERED ON 20.09.2020

## Performance of CPSEs

## 1561: SHRI BENNY BEHANAN:

Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state:

- (a) the performances of the Public Sector Enterprises (PSEs) under the Government during the first half of 2020;
- (b) the results of the navratna companies during this period in critical sectors; and
- (c) whether there has been any cost cutting efforts in these companies leading to job losses and if so, the details thereof?

## ANSWER

## THE MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI PRAKASH JAVADEKAR)

(a),  (b)  &  (c):    The  Central  Public Sector  Enterprises (CPSEs) have  been discharging their functions  during  the  year  2020  so  as  to  ensure  continuous  supply  of  essential  goods  and services such as Power, LPG & Fuel, Telecom & Internet connectivity, logistics and other similar services, etc. across the country.   The details of financial performance of Navratna CPSEs in the first quarter (April-June) of FY 2020-21 is provided at Annexure-1. Further, as per  the  information  furnished  by  Navratna  CPSEs,  though  various  austerity  measures  have been undertaken during this period there has been no job loss in these CPSEs.

## Annexure I referred to in part (a) to (c) of reply to the Lok Sabha unstarred question no. 1561 due for answer on 20.09.2020

## Financial Performance  of Navratna CPSEs

Amount (Rs Cr)

|        |                                        | Q1-FY 2020-21           | Q1-FY 2020-21   | Q1-FY 2020-21   |
|--------|----------------------------------------|-------------------------|-----------------|-----------------|
| Sl. No | CPSE                                   | Revenue from Operations | PBT             | PAT             |
| 1      | Bharat Electronics Limited             | 1,670.59                | 76.24           | 54.13           |
| 2      | Container Corporation of India Limited | 1,189.14                | 83.34           | 61.670          |
| 3      | Engineers India Limited                | 467.84                  | 65.32           | 48.08           |
| 4      | Hindustan Aeronautics Limited          | 1,736.97                | 217.60          | 151.44          |
| 5      | Mahanagar Telephone Nigam Limited      | 352.07                  | -636.41         | -636.41         |
| 6      | National Aluminium Company Limited     | 1,380.63                | 24.67           | 16.63           |
| 7      | NBCC India Limited                     | 436.45                  | 11.01           | 7.84            |
| 8      | NLC India Limited                      | 2,083.29                | 455.42          | 292.54          |
| 9      | NMDC Limited                           | 1,937.50                | 760.00          | 532.90          |
| 10     | Oil India Ltd                          | 1,743.92                | -251.89         | -248.61         |
| 11     | PFC Ltd                                | 8,757.67                | 2,126.35        | 1,699.56        |
| 12     | Rashtriya Ispat Nigam Limited          | 2,339.00                | -1408.00        | -1477.00        |
| 13     | REC Ltd                                | 8,420.77                | 2,477.05        | 1,839.01        |
| 14     | Shipping Corporation of India Ltd      | 1,143.46                | 331.58          | 317.48          |
| Total  | Total                                  | 33,659.30               | 4,332.28        | 2,659.26        |