CSR spending by CPSEs surge 19% to Rs 4,911 cr, reaches 4-year high in FY24

Quick Summary:

The survey revealed that the top 10 CPSEs accounted for 56.

Overall, the net profit of operating CPSEs during FY24 rose 47.4 per cent to Rs 3.22 trillion.

The survey further indicates that the top 10 CPSEs contributed 56.72 per cent of the total CSR expenditure in FY24.

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Category: BusinessFinance

Markets: India

Topics: Power Grid Corporation CSR CPSE CSR activities Rs 4 Profit-making CPSEs net profit Indian Oil Corporation revenue REC Ltd CSR spending Ministry of Finance CPSE report Manufacturing and processing CPSEs Bharat Sanchar Nigam losses Public Enterprises Survey 2024 CSR spending CPSEs FY24 911 crore CSR Petroleum sector CPSEs CPSE financial performance FY24 NTPC revenue FY24 CPSE operational revenue decline Gross revenue CPSE FY24

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 21:08:54 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 24675662

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