Record Dividend Payouts by Central Public Sector Enterprises (CPSEs) in FY25

Key Highlights

1. Highest-Ever Dividend Receipts:

• Dividends paid by Central Public Sector Enterprises (CPSEs) in FY25 have reached a record ₹ 69,873 crore so far.
• The government is optimistic that this figure will touch ₹ 70,000 crore by the end of the financial year.
• In FY24, dividend receipts stood at ₹ 63,749.3 crore, the previous highest.

2. Top Dividend Contributors in FY25:

• Coal India: ₹ 10,252.09 crore
• Oil and Natural Gas Corporation (ONGC): ₹ 10,001.97 crore
• Bharat Petroleum Corporation (BPCL): ₹ 3,562.47 crore
• Telecommunications Consultants (India): ₹ 3,761.50 crore
• Hindustan Zinc: ₹ 3,619.06 crore

3. Revised CPSE Dividend Policy:

• Each CPSE must pay a minimum annual dividend of 30% of profit after tax (PAT) or 4% of net worth, whichever is higher (subject to legal provisions).
• CPSEs in the financial sector must pay at least 30% of PAT, within legal limits.
• The stated minimum is a benchmark — CPSEs are encouraged to pay higher dividends, factoring in:
  • Profitability
  • Capital expenditure needs
  • Cash reserves
  • Net worth
  • Maintaining financial leverage

4. CPSE Profit Growth:

• According to the Public Enterprises Survey, 212 operating CPSEs reported combined net profits of ₹ 3.43 trillion in FY24, up 48% from ₹ 2.18 trillion in FY23.

5. Public Sector Banks (PSBs) Dividend Surge:

• Dividend payouts by 12 PSBs increased by 33% to ₹ 27,830 crore in FY24.
• The government received ₹ 18,013 crore, nearly 65% of this amount.
• PSBs recorded their highest-ever aggregate net profit of ₹ 1.41 trillion in FY24.
• In the first nine months of FY25 (April–December), net profit reached ₹ 1.29 trillion.

6. State Bank of India (SBI) Performance:

• SBI contributed over 40% of public sector bank profits in FY24.
• The bank reported profits of ₹ 61,077 crore, 22% higher than the previous fiscal (₹ 50,232 crore).

7. Historical Dividend Trend:

• Total dividend receipts since FY15: ₹ 531,453.23 crore
• Dividend receipts have consistently risen from ₹ 31,691.91 crore in FY15 to nearly ₹ 70,000 crore in FY25.