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CPSE payouts touch record ₹74K-cr in FY25

March 31, 2025

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Financial Express Lucknow

THE CENTRE'S DIVIDEND receipts from public sector enterprises (CPSEs) have exceeded the budget target (revised estimate) of ₹55,000 crore by 34% to reach nearly ₹75,000 crore in 2024-25, setting a new record.

- PRASANTA SAHU

The dividend receipts from CPSEs — an important source of non-tax revenues — in FY25 are 16% more than the previous high of ₹63,749 crore in FY24.

Robust dividends from energy sectors like Coal India and Oil & Natural Gas Corporation (ONGC) have boosted these non-tax receipts.

Coal India is the top dividend payer to the government with ₹10,252 crore compared with ₹9,532 crore in the previous year. Similarly, top state-run explorer ONGC has paid ₹10,002 crore compared with ₹7,594 crore in FY24.

With margins improving due to lower crude prices during the year, the petroleum sector as a whole has paid ₹22,146 crore to the government in FY25, 14% more than ₹19,353 crore in FY24.

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