Rajnath Singh to review performance of 16 DPSUs; turnover rises 15.4% to ₹1.29 lakh crore
According to the Defence Ministry, the cumulative Profit After Tax of the DPSUs stood at ₹23,136 crore during FY 2025-26, a 15.6% growth over the previous financial year. The DPSUs also recorded a sharp increase in exports, which grew by 151.2% compared to FY 2024-25
Defence Minister Rajnath Singh will convene a meeting on Tuesday to assess the performance of 16 defence public sector undertakings (DPSUs). The focus will be on indigenous technology development and overseas exports, as these sectors showed robust growth in turnover, profits, and sales during the financial year 2026. Seven major defence companies, including Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), and Bharat Dynamics Limited (BDL), will present dividend cheques for the government's equity holdings during the event.
In FY26, the combined turnover of India's defence PSUs reached ₹1.29 lakh crore, a 15.4 per cent increase compared to the previous year. Their cumulative profit after tax rose by 15.6 per cent to ₹23,136 crore. In addition to the meeting, Singh will release four publications: one detailing the DPSUs' journey towards self-reliance, another promoting defence technology awareness among students, and a third highlighting HAL's modernisation and indigenisation plans.
The Department of Defence Production has also taken steps to simplify export procedures, aiming to expedite the path to international markets while preserving national security.
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