Total profit of profit-making CPSEs increased by 37.53% and total loss of loss-making CPSEs decreased by 29.86% during FY 2020-21 over FY 2019-20

Total profit of profit-making CPSEs increased by 37.53% and total loss of loss-making CPSEs decreased by 29.86% during FY 2020-21 over FY 2019-20 https://www.taxtmi.com/news?id=25192 Aggregate financial reporting for Central Public Sector Enterprises shows that of 255 operational CPSEs, 177 were profit-making with aggregate profit increasing by 37.53% and aggregate losses among loss-making CPSEs decreasing by 29.86% in the reported fiscal comparison; Navratna CPSEs reported overall profit improvement and stated that cost-cutting did not cause job losses. en-us Tue, 15 Mar 2022 09:52:39 +0530 Tue, 15 Mar 2022 09:52:39 +0530 TaxTMI RSS Generator Total profit of profit-making CPSEs increased by 37.53% and total loss of loss-making CPSEs decreased by 29.86% during FY 2020-21 over FY 2019-20 https://www.taxtmi.com/news?id=25192 Aggregate financial reporting for Central Public Sector Enterprises shows that of 255 operational CPSEs, 177 were profit-making with aggregate profit increasing by 37.53% and aggregate losses among loss-making CPSEs decreasing by 29.86% in the reported fiscal comparison; Navratna CPSEs reported overall profit improvement and stated that cost-cutting did not cause job losses. News - Tue, 15 Mar 2022 09:52:39 +0530 https://www.taxtmi.com/news?id=25192