Union Finance Minister Nirmala Sitharaman received a dividend cheque of ₹8,076.84 crore today from SBI Chairman C.S. Setty, marking SBI&rsquo;s payout to the government for FY 2024&ndash;25. The cheque was handed over in her office, witnessed by senior officials.
This substantial dividend reflects strong profit growth across India&rsquo;s leading public sector enterprises during the January&ndash;March quarter. SBI led the charge with a full-year net profit of ₹70,901 crore, while LIC reported ₹48,151 crore for FY 2024&ndash;25. During Q4 alone, SBI posted ₹18,643 crore in net profit and LIC ₹19,013 crore.
In the energy segment, Coal India earned ₹9,604 crore, Indian Oil Corporation ₹7,265 crore, and ONGC ₹6,448 crore in the last quarter. Top power firms also contributed significantly: NTPC earned ₹7,897 crore, PFC ₹8,358 crore, and Power Grid Corporation ₹4,143 crore during the same period.
These robust PSU earnings not only generated hefty dividend payouts but also boosted the government's non-tax revenues via higher corporate tax collections. Additionally, these PSUs&rsquo; expansive capex plans are playing a key role in driving economic growth and employment.
Data from the Controller General of Accounts confirms that India successfully met its fiscal deficit target of 4.8% of GDP for 2024&ndash;25. Total government revenue&mdash;combining tax and non-tax receipts&mdash;reached ₹30.36 lakh crore, or about 98.3% of the revised estimate, with PSU earnings forming a vital part of non-tax revenue. Except for the headline, this article has not been edited by the Benefit News editorial team and is published directly from the IANS news feed.

SBI Chairman C.S. Setty and FM Nirmala Sitharaman

State Bank of India hands over ₹8,076.84 cr dividend for FY 2024‑25, reflecting buoyant PSU profits

SBI pays ₹8,077 cr dividend to government

State Bank of India hands over ₹8,076.84 cr dividend for FY 2024‑25, reflecting buoyant PSU profits

June 9, 2025 | 20:53 IST

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SBI pays ₹8,077 cr dividend to government

State Bank of India hands over ₹8,076.84 cr dividend for FY 2024‑25, reflecting buoyant PSU profits

June 9, 2025 | 20:53 IST