Public sector companies Bharat Petroleum Corporation Limited (BPCL), GAIL India, HUDCO, and the National Small Industries Corporation (NSIC) have significantly contributed to the central government’s revenue. These companies have paid a total dividend of ₹3,700 crore to the government, according to recent data released by the Department of Investment and Public Asset Management (DIPAM). The government receives dividends from these companies due to its stake in them.
DIPAM shared this information on its official handle on social media platform X. Here’s a detailed look at the dividend payouts from these companies:
GAIL India
The government received ₹2,202 crore from Maharatna PSU GAIL India. The company, engaged in natural gas transmission and marketing, declared an interim dividend of 65% (₹6.50 per share) for the financial year 2024-25. As of December 2024, the government held a 51.90% stake in this large-cap company.
BPCL
For FY 2024-25, BPCL announced a 50% interim dividend on shares with a face value of ₹10 each. This resulted in the government receiving approximately ₹1,149 crore from the oil marketing company. As of December 2024, the government held a 52.98% stake in BPCL.
HUDCO
The housing finance company HUDCO declared a dividend of ₹2.05 per share on shares with a face value of ₹10 in January 2024-25. The government received ₹308 crore from HUDCO, where it held a 75% stake as of December 2024.
National Small Industries Corporation (NSIC)
As per DIPAM data, NSIC paid ₹38 crore in dividends to the government.
Total Dividend Received
Additionally, the government also received dividends from other entities:
- Airports Authority of India (AAI) – ₹1,595.39 crore
- Antrix Corporation Limited – ₹73.80 crore
