<h1>171 CPSEs Report Rs. 1.38 Lakh Crore Profit; Navaratna CPSEs Leverage IT for Cost Control Without Cutting Jobs.</h1> There are 256 operational Central Public Sector Enterprises (CPSEs) with a total annual turnover of Rs. 24,61,712 crore as of March 31, 2020. Among these, 171 CPSEs are profitable, generating Rs. 1,38,112 crore in profit. The performance of Navaratna CPSEs has improved in terms of Profit after Tax for the fiscal year 2020-21. To control expenses, many Navaratna CPSEs are utilizing virtual modes and IT tools for recruitment, without reducing their workforce, as stated by the Union Minister of State for Finance in a Rajya Sabha session.