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Income of CPSEs declines by over 10% in FY16

Income of CPSEs declines by over 10% in FY16

Tuesday, March 21, 2017, 11:51 PM

The total income of central public sector enterprises in the country reduced by over 10% even as their losses widened in 2015-16, according to the Public Enterprises Survey tabled in Parliament today. The report, tracking the performance of CPSEs in 2015-16, showed their total income stood at Rs 17,64,754 crore compared to Rs 19, 65,657 crore in 2014-15, registering a 10.22% decline.
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