Mr. N. Sridhar CMD SCCL announced that Singareni has achieved an all-time record net profit of Rs.2,222 crores , with a turnover of Rs 33,065 crore in 2022-23 , the highest in its history.
Singareni is number one in terms of profit growth among Maharatna companies including Coal India. Power Grid Corporation is at the second position and Coal India is at the fourth position. Singareni is known as the best company by achieving maximum sales and profits even in adverse conditions.