PSUs under Railways Ministry profitable: Mamata

PSUs under Railways Ministry profitable: Mamata
PTI
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First Published: Fri, Jul 03 2009. 04 25 PM IST
Updated: Fri, Jul 03 2009. 04 25 PM IST
New Delhi: Public sector undertakings (PSUs) under the Ministry of Railways are profitable and have achieved a combined turnover of Rs11,880 crore during 2007-08, railway minister Mamata Banerjee said on Friday.
“During the year 2007-08, all the ten PSUs under the administrative control of Ministry of Railways have performed well and achieved a combined turnover of Rs11,880 crore and earned a net profit of Rs1,950 crore,” Banerjee said, while presenting the Railway Budget for 2009-10 in Parliament.
“A total dividend payment of Rs261 crore has been made to Railways,” she added.
PSUs under the Railways Ministry include Ircon International, a turnkey infrastructure construction company; Railtel (telecom); Indian Railway Catering and Tourism Company; and Rites, a consultancy, engineering and project management firm.
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First Published: Fri, Jul 03 2009. 04 25 PM IST