Public Sector Unit News

REC RECORDS HIGHEST EVER QUARTERLY PROFIT OF ₹4,451 CRORE

  • July 25, 2025
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REC DECLARES 1ST INTERIM DIVIDEND OF ₹4.60 PER SHARE New Delhi, July 24, 2025: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended June 30, 2025. Operational and Financial Highlights: Q1 FY26 vs Q1 FY25 (Standalone) –  Disbursements: ₹59,508 crore vs. ₹43,652 crore, up by 36% […]

Public Sector Unit News

India’s top PSUs record robust profit growth, govt’s fiscal position to get stronger

  • June 2, 2025
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India’s top public sector companies in the financial, power and energy sectors have recorded a robust growth in profit during the January-March quarter of 2024-25, which is expected to further strengthen the government’s fiscal position. The country’s largest lender, State Bank of India (SBI), and insurance giant Life Insurance Corporation of India (LIC) led the […]

Public Sector Unit News

LIC Q4 Net Profit Jumps 38% to ₹19,013 Crore

  • May 28, 2025
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The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of the financial year 2024-25 compared to the corresponding figure of Rs 13,763 crore in the same period of the previous year. The company declared a final dividend of Rs […]