Public Sector Unit News

India Post Achieves All-Time High Revenue of ₹15,373 Crore in FY26

According to Union Minister of State for Communications and Rural Development Chandra Sekhar Pemmasani, India Post achieved a record-breaking income of Rs 15,373 crore in FY26, thanks to rapid digital transformation efforts and robust development in parcel and logistics operations.

According to the minister, India Post’s revenue was around 11,500 crore Indian rupees in 2016 and was increasing at a rate of 200 to 300 crore rupees per year. Nevertheless, there was a remarkable increase of Rs 2,100 crore in FY26, which was approximately ten times the pattern of previous growth.

The package and logistics industry was essential in the success, expanding by about 70% due to increased e-commerce and technologically-driven service enhancements.

According to Pemmasani, the package revenue has grown substantially since the present administration took office, thanks to services such as OTP-based delivery, SMS tracking, UPI-enabled payments, and partnerships with big e-commerce platforms. Further, he said that parcel services might one day bring in as much as Rs 10,000 crore.

Faster delivery methods and route rationalisation have also increased operational efficiency. India Post expanded its Speed Post delivery services to six metro cities, offering both 24-hour and 48-hour options, after conducting test projects.

An investment of Rs 5,800 crore is being made by the department as part of the IT 2.0 program under the Advanced Postal Technology (APT) plan, which will support the department’s modernisation goal.

India Post’s goal with this effort is to provide end-to-end digital services so that people may buy insurance and savings products online, get digital certificates quickly, and get the money from their policies when they mature without ever having to set foot in a post office.

The minister mentioned that postal savings accounts, which offer an interest rate of 4%, are anticipated to be more widely used due to improved internet accessibility.

To enhance digital security and user authentication, India Post’s IT 2.0 infrastructure integrates facial recognition, e-KYC, Aadhaar, and national cloud security compliance.

The department’s significance as a significant last-mile welfare delivery network is reinforced by the fact that it currently conducts around Rs 45,000 crore yearly under Direct Benefit Transfer (DBT) through India Post Payments Bank (IPPB).

There are currently 3.8 crore female beneficiaries enrolled in the Sukanya Samriddhi Scheme, which is being implemented in saturation mode by India Post.

Departmental investments include personnel development and infrastructure upgrading in addition to technology advancements. Urban post offices are being modernised with investments of 60-70 lakh per facility to establish digitally equipped service centers, and employee training programs are centred around customer service, sales, and operational efficiency.

Image Credit: PIB

Disclaimer: All news articles are sourced through valid sources, and Business Unlimited (BU) doesn’t have any exclusive rights on these pieces. If BU features any exclusive story or article, it will be marked as Exclusive Story.

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