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Coal India, ONGC, Indian Oil, POWERGRID and NTPC lead dividend payouts

Coal India ONGC Indian Oil POWERGRID and NTPC lead dividend payouts

The Govt of India  has received a record Rs 74,016.68 crore in dividend receipts from central public sector enterprises (CPSEs) in the financial year 2024-25, surpassing the Rs 63,749.29 crore collected in FY24. The latest figures for FY25 reflect a nearly 16 percent rise over the previous year, according to official sources.

“Coal India Limited, Oil and Natural Gas Corporation (ONGC) and Indian Oil Corporation Limited (IOCL) emerged as the highest dividend-paying CPSEs for the year,” a senior government official told Moneycontrol.

Coal India Limited, the world’s largest coal-producing company, emerged as the highest contributor, remitting Rs 10,252.09 crore in dividends to the exchequer. It was closely followed by ONGC, India’s state-owned oil and gas major, which paid Rs 10,001.97 crore. Indian Oil Corporation Limited (IOCL), the country’s leading fuel retailer, contributed Rs 5,090.54 crore, while Power Grid Corporation of India Limited (PGCIL) and NTPC paid Rs 4,824.59 crore and Rs 4,088.16 crore, respectively, he said.

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