Category: PSU BUZZ

Oil India records highest-ever quarterly standalone profit of Rs. 2,870 Crore

Oil India Limited (OIL) has achieved a significant financial and operational milestone, reporting its highest-ever quarterly Standalone Profit After Tax (PAT) of Rs. 2,870 crore. The company recorded an impressive 2.5-fold year-on-year growth, supported by higher crude oil production and strong price realisation. On a consolidated basis, OIL posted a PAT of Rs. 4,027 crore, […]

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SECL leads India in Scientific Mine Closure, Transforming abandoned Mines into Sustainable Community Assets

South Eastern Coalfields Limited (SECL) has emerged as India’s leader in scientific mine closure, having successfully completed the scientific closure of 28 abandoned mines, the highest among Coal India subsidiaries. The company accounts for 67 per cent of all abandoned mines scientifically closed in the country, while 25 mines were scientifically closed during FY 2025-26, […]

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POWERGRID reports Rs. 3,598 Crore consolidated PAT in Q1FY27, Total Income reaches Rs. 11,697 Crore

Power Grid Corporation of India Limited (POWERGRID), the Maharatna public sector enterprise under the Ministry of Power, Government of India, has reported a consolidated Profit After Tax (PAT) of Rs.3,598 crore for the first quarter of financial year 2026-27 (Q1FY27), while its consolidated total income stood at Rs.11,697 crore. The financial results for the quarter […]

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LIC begins FY27 on a strong note with 23% Profit Growth and Higher Premium Collections

Performance Highlights: April – June, FY 2026-2027 Profit After Tax (PAT) increased by 22.81% to ₹ 13,492 crore. Value of New Business (VNB) increased by 61.32% to ₹3,136 crore. VNB Margin (Net) increased by 750 bps to 22.9%. Total Premium Income increased by 6.75% to ₹ 1,27,250 crore. Individual New business premium income increased by […]

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PRCI hosts Transformative Governance Symposium in New Delhi

New Delhi, August 4, 2026: The Public Relations Council of India (PRCI) in support of Public Relations Society , New Delhi (PRSD) held the PRCI Transformative Governance Symposium, a high-level forum featuring Supreme Court legal professionals, Journalists, senior bureaucrats, industry leaders, andmedia veterans discussing innovative governance models and pathways for nation-building on August 3 rd […]

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NBCC completes Rs. 334.35 Crore Medical College & Hospital Project in Chamba

Chamba, Himachal Pradesh, August 3, 2026: State-owned NBCC (India) Limited has successfully completed and handed over the Pt. Jawaharlal Nehru Government Medical College & Hospital in Chamba, a landmark healthcare project built at a cost of Rs. 334.35 crore. The newly developed 200-bed medical institution was inaugurated on August 2, 2026, by Himachal Pradesh Chief […]

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Power Grid acquires Krishnagiri REZ Transmission SPV for Rs 19.82 Crore

New Delhi, August 3, 2026: Power Grid Corporation of India Limited (PGCIL) has expanded its renewable energy transmission portfolio by acquiring Krishnagiri REZ Transmission Limited (KRTL), the Special Purpose Vehicle (SPV) responsible for implementing the Transmission System for Integration of Krishnagiri Renewable Energy Zone (REZ) Phase-I. The acquisition was completed on August 3, 2026, after […]

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IREDA Re-appoints R.M. Bansal & Co. as Cost Auditor for FY 2026-27

New Delhi, August 3, 2026: The Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) has approved the re-appointment of R.M. Bansal & Co., Cost Accountants, as the company’s Cost Auditor for the financial year 2026-27. The decision was taken during the Board meeting held on August 3, 2026, where the company also […]

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NBCC signs Landmark Agreement with Government of the Republic of Seychelles for Construction of 1008 Housing Units

NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed a landmark agreement with the Government of the Republic of Seychelles for the construction of the Île Aurore Housing Project, comprising 1008 affordable housing units along with associated infrastructure in Seychelles. The agreement was signed on […]

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