Indian PSU | Public Sector Undertaking News

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Hindustan Aeronautics Limited (HAL), the Navratna defence PSU, reported a strong growth in revenue and net profit for the second quarter of FY27, even as its operating margins came under pressure and missed market expectations. HAL’s consolidated net profit increased 16% year-on-year to ₹1,935.64 crore in Q2 FY27, compared with ₹1,669.05 crore in the corresponding …

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Bharat Dynamics Limited (BDL), a defence public sector undertaking under the Ministry of Defence, has reported a mixed financial performance for the second quarter of FY 2026-27, with a sharp rise in revenue but a decline in net profit and operating margins. The company’s standalone net profit declined 15.3% year-on-year to ₹183.48 crore in Q2 …

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Oil India Limited (OIL), a Maharatna public sector undertaking under the Ministry of Petroleum and Natural Gas, has reported a strong financial performance for the second quarter of FY 2026-27, with consolidated net profit rising 53% year-on-year to ₹2,521 crore. The company had registered a consolidated profit after tax (PAT) of ₹1,644 crore in the …

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India’s ambitious coal gasification programme has received a significant push with NTPC Limited submitting two proposals to establish coal-based manufacturing projects for producing urea, methanol and dimethyl ether (DME). The proposals have been submitted under the Centre’s ₹37,500-crore Scheme for Promotion of Surface Coal/Lignite Gasification Projects. The Ministry of Coal...