x Abu Dhabi, UAEThursday 20 July 2017

Best and worst of Indian public-sector groups

India's biggest energy company contributes 77 per cent of the country's crude oil production and 81 per cent of natural gas production.

Top profit-making public-sector units

Oil and Natural Gas Commission

India's biggest energy company contributes 77 per cent of the country's crude oil production and 81 per cent of natural gas production. Its total investments stood at 1.71 trillion rupees (Dh141.06bn) last year and its net profit was 167.85bn rupees.

National Thermal Power Corporation

The largest state-owned power-generating company in India has a generating capacity of 34,194 megawatts. It is listed on the Bombay Stock Exchange, but the government owns 84.5 per cent of its equity. Its investments stood at 989.54bn rupees last year and it declared a net profit of 86.5bn rupees.

Top loss-making public-sector units

Air India

The airline is India's worst-performing public-sector unit and has a debt load of 400bn rupees. Its losses mounted to 60bn rupees in the fiscal year that ended on March 31. The government announced an equity injection of 12bn rupees in February.

Bharat Sanchar Nigam

The telecommunications company is India's largest mobile phone service provider. The company had a total investment of 1.66 trillion rupees last year and reported a loss of 16.57bn rupees.