Financial Year 2021, the one-year period just after the national lockdown was announced, was a relatively better year for Central Public Sector Enterprises (CPSEs) in terms of profits. The aggregate profits of profitmaking CPSEs increased by 37% compared to FY20, while the aggregate losses of loss-making CPSEs declined by 29%. Of the 254 CPSEs for which data are available, 177 made net profits while 77 made net losses in FY21. Worryingly, 28 of those 77 loss-making CPSEs have made net losses for the third consecutive year
Aggregate losses/ profits
The graphs show the aggregate profits made by profitmaking CPSEs (left) and aggregate losses made by loss-making CPSEs in FY21 and FY20
