Facebook Pixel Discoms swing to profit. Why there is more to worry | Mint Mumbai - newspaper - Lisez cet article sur Magzter.com

Essayer OR - Gratuit

Discoms swing to profit. Why there is more to worry

Mint Mumbai

|

January 20, 2026

India's power distribution companies or discoms, reeling under high debt and operational losses for years, swung to profits in fiscal 202425. Mint explains the current financial health of the discoms and the factors behind their revival:

- BY RITURAJ BARUAH

Discoms swing to profit. Why there is more to worry

What is the current condition of discoms?

After over 10 years of losses, discoms reported a cumulative net profit of 2,701 crore for FY25 compared with losses of ₹25,553 crore in FY24, shows power ministry data. The sector, however, continues to be been under stress with a cumulative debt of over ₹7 trillion-of which, according to a group of ministers, about ₹2.74 trillion is 'unsustainable. The Union power minister on Monday said some of the discoms are still in losses, without giving details. India has about 67 discoms, including 16 private in Delhi, Mumbai, Odisha, West Bengal, Gujarat, and Dadra and Nagar Haveli. Uttar Pradesh is looking to privatize two discoms.

What about other key operational metrics?

PLUS D'HISTOIRES DE Mint Mumbai

Mint Mumbai

The Leela buys Coorg resort for ₹560 crore

The Leela Palaces, Hotels and Resorts has bought an ultra-luxury resort in Coorg for up to ₹560 crore to expand its wellness portfolio.

time to read

1 min

March 18, 2026

Mint Mumbai

Needed: A farm revolution led by AI-driven automation

Toyota’s factory in Woodstock, Ontario, will soon deploy Digit, a humanoid robot from Agility Robotics, on its production floor.

time to read

3 mins

March 18, 2026

Mint Mumbai

CHINESE FDI: LESSONS FROM OUR EM PEERS

As India cautiously opens its doors to Chinese foreign direct investment (FDI), it must learn from global experiences. The potential for economic growth is substantial, but the risks to local industries and innovation are also high.

time to read

3 mins

March 18, 2026

Mint Mumbai

Mint Mumbai

Jaiprakash deal to lift Adani's realty play in North India

The Adani Group's acquisition of Jaiprakash Associates Ltd (JAL) out of insolvency is set to significantly scale up its real estate ambitions in north India, giving it access to a vast land bank and a pipeline of stalled housing projects in the National Capital Region (NCR), where it has had limited exposure so far.

time to read

3 mins

March 18, 2026

Mint Mumbai

Mint Mumbai

Why Instagram's end to encryption raises concerns

Meta will discontinue end-to-end encrypted direct messages on Instagram from 8 May, less than three years after its launch.

time to read

2 mins

March 18, 2026

Mint Mumbai

Mint Mumbai

Stress in US private credit market may cloud stocks

The West Asia conflict has roiled oil and equities worldwide.

time to read

3 mins

March 18, 2026

Mint Mumbai

Mint Mumbai

Colby to lead visiting US team later this month

Top US defence official Elbridge Colby will visit India as the head of a delegation later this month to inject momentum into the two countries’ defence ties after months of diplomatic tensions.

time to read

1 min

March 18, 2026

Mint Mumbai

Mint Mumbai

Noel backs 2-year term for Chandra

Trustees may discuss tenure, leadership model at Tata Sons

time to read

3 mins

March 18, 2026

Mint Mumbai

Mint Mumbai

MARKETS REWARD DISCIPLINE: WHY STAYING INVESTED MATTERS MORE THAN TIMING

Consistency and patience tend to deliver better outcomes than constant buying and selling driven by market sentiment.

time to read

3 mins

March 18, 2026

Mint Mumbai

VBL arm Bevco to buy Crickley Dairy

Varun Beverages Ltd (VBL) on Tuesday said its South African subsidiary Bevco will acquire Crickley Dairy Proprietary for ₹131.47 crore.

time to read

1 min

March 18, 2026

Listen

Translate

Share

-
+

Change font size