Indian Oil, ONGC, NTPC most profitable PSUs in FY18

Indian Oil Corporation, Oil and Natural Gas Corporation (ONGC) and NTPC emerged as the top three most profitable Public Sector Undertakings (PSUs) in 2017-18. The companies contributed 13.37%, 12.49% and 6.48% respectively to the total profit earned by Central Public Sector Enterprises (CPSEs) during the period. BSNL, Air India and MTNL incurred the highest losses for the second consecutive year.