Public sector undertakings (PSUs) have demonstrated significant financial improvement, with their share of net profit in the ET 500 rankings expanding sharply to 30.7% in FY25 from 17.9% in FY19. PSUs also outpaced non-PSUs in sales and profit growth, showcasing a robust financial turnaround.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs