Photographs: Amit Dave/ Reuters.
India's first prime minister, Jawaharlal Nehru called public sector units 'the temples of modern India'.
While some PSUs have lived up to the expectations and contributed substantially to India's economic growth, others have turned into white elephants.
Here's a look at India's top profit making PSUs according to The Economic Times.
Oil and Natural Gas Corporation (ONGC)
Net profit: Rs 22,455.93 crore (Rs 224.55 billion)
Revenues: Rs 1,24,556.42 crore (Rs 1.24 trillion)
Assets: Rs 1,43,470.73 crore (Rs 1.43 trillion)
(Figures for the financial year ended 2010-11)
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India's top 20 profit making PSUs
Image: Labourers load coal on trucks at Bari Brahamina on the outskirts of Jammu.Photographs: Mukesh Gupta/Reuters.
Coal India
Net profit: Rs 10,867.35 crore (Rs 108.67 billion)
Revenues: Rs 55,148.31 crore (Rs 551.48 billion)
Assets: Rs 34,903.38 crore (Rs 349.03 billion)
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India's top 20 profit making PSUs
Image: State Bank of India.State Bank of India
Net profit: Rs 10,684.95 crore (Rs 106.84 billion)
Revenues: Rs 1,47,843.92 crore (Rs 1.47 trillion)
Assets: Rs 14,84,481.66 crore (Rs 14.84 trillion)
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India's top 20 profit making PSUs
Image: NTPC.NTPC
Net profit: Rs 9,353.40 crore (Rs 93.53 billion)
Revenues: Rs 60,008.18 crore (Rs 600.08 billion)
Assets: Rs 1,19,683.40 crore (Rs 1.19 trillion)
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India's top 20 profit making PSUs
Image: A worker transporting kerosene in a bullock cart travels past Indian Oil Corporation's fuel depot in Mumbai.Photographs: Danish Siddiqui/Reuters.
Indian Oil Corporation
Net profit: Rs 7,830.72 crore (Rs 78.30 billion)
Revenues: Rs 3,13,627.88 crore (Rs 3.13 trillion)
Assets: Rs 1,17,405.85 crore (Rs 1.17 trillion)
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India's top 20 profit making PSUs
Image: NMDC.NMDC
Net profit: Rs 6,499.22 crore (Rs 64.99 billion)
Revenues: Rs 12,574.64 crore (Rs 125.74 billion)
Assets: Rs 19,214.52 crore (Rs 192.14 billion)
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India's top 20 profit making PSUs
Image: BHEL.Bharat Heavy Electricals (BHEL)
Net profit: Rs 6,033.36 crore (Rs 60.33 billion)
Revenues: Rs 43,434.62 crore (Rs 434.34 billion)
Assets: Rs 20,425.25 crore (Rs 204.25 billion)
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India's top 20 profit making PSUs
Image: SAIL.Steel Authority of India (SAIL)
Net profit: Rs 4,937.73 crore (Rs 49.37 billion)
Revenues: Rs 43,556.87 crore (Rs 435.56 billion)
Assets: Rs 58,877.53 crore (Rs 588.77 billion)
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India's top 20 profit making PSUs
Image: Bank of Baroda.Bank of Baroda
Net profit: Rs 4,433.71 crore (Rs 44.33 billion)
Revenues: Rs 25,800.41 crore (Rs 258 billion)
Assets: Rs 3,55,826.85 crore (Rs 3.55 trillion)
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India's top 20 profit making PSUs
Image: Canara Bank.Canara Bank
Net profit: Rs 4,034.19 crore (Rs 40.34 billion)
Revenues: Rs 25,792.60 crore (Rs 257.92 billion)
Assets: Rs 3,28,640.24 crore (Rs 3.28 trillion)
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India's top 20 profit making PSUs
Image: GAIL India.GAIL India
Net profit: Rs 4,020.97 crore (Rs 40.20 billion)
Revenues: Rs 35,664.08 crore (Rs 356.64 billion)
Assets: Rs 28,665.16 crore (Rs 286.65 billion)
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India's top 20 profit making PSUs
Power Grid Corporation
Net profit: Rs 2,971.91 crore (Rs 29.71 billion)
Revenues: Rs 9,273.61 crore (Rs 92.73 billion)
Assets: Rs 63,203.34 crore (Rs 632.03 billion)
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India's top 20 profit making PSUs
Image: Oil India.Oil India
Net profit: Rs 2,883.69 crore (Rs 28.83 billion)
Revenues: Rs 9,549.18 crore (Rs 95.49 billion)
Assets: Rs 16,789.05 crore (Rs 167.89 billion)
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India's top 20 profit making PSUs
Image: Prime Minister Manmohan Singh presents the Excellence Award to Satnam Singh, CMD, PFC.Power Finance Corporation
Net profit: Rs 2,647.12 crore (Rs 26.47 billion)
Net profit: 10,214.10 crore (Rs 102.14 billion)
Revenues: Rs 1,01,291.25 crore (Rs 1.01 trillion)
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India's top 20 profit making PSUs
Image: Bank of India.Bank of India
Net profit: Rs 2,542.42 crore (Rs 25.42 billion)
Revenues: Rs 24,500.25 crore (Rs 245 billion)
Assets: Rs 3,39,268.09 crore (Rs 3.39 trillion)
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India's top 20 profit making PSUs
Image: NHPC.NHPC
Net profit: Rs 2,316.16 crore (Rs 23.16 billion)
Revenues: Rs 5,950.74 crore (Rs 59.50 billion)
Assets: Rs 45,037.61 crore (Rs 450.37 billion)
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India's top 20 profit making PSUs
Image: Union Bank of India.Union Bank of India
Net profit: Rs 2,669.03 crore (Rs 26.69 billion)
Revenues: Rs 18,500.66 crore (Rs 185 billion)
Assets: Rs 2,28,701.07 crore (Rs 2.28 trillion)
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India's top 20 profit making PSUs
Image: Indian Bank.Indian Bank
Net profit: Rs 1,745 crore (Rs 17.45 billion)
Revenues: Rs 10,550.82 crore (Rs 105.50 billion)
Assets: Rs 1,17,519.39 crore (Rs 1.17 trillion)
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India's top 20 profit making PSUs
Image: A view of Bharat Petroleum Corporation refinery is seen in Mumbai.Photographs: Punit Paranjpe/Reuters.
Bharat Petroleum Corporation
Net profit: Rs 1,634.96 crore (Rs 16.34 billion)
Revenues: Rs 1,55,370.19 crore (Rs 1.55 trillion)
Assets: Rs 41,533.77 crore (Rs 415.33 billion)
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India's top 20 profit making PSUs
Image: IDBI Bank.IDBI Bank
Net profit: Rs 1,563.51 crore (Rs 15.63 billion)
Revenues: Rs 20,838.19 crore (Rs 208.38 billion)
Assets: Rs 2,46,583.94 crore (Rs 2.46 trillion)
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