Summary:
Major contributors profit include Gujarat State Petronet Ltd (Rs 737.79 crore), Gujarat Mineral Development Corporation (Rs 445.98 crore), Gujarat Gas Ltd (Rs 303.33 crore), Gujarat Industrial Development Corporation (Rs 293.38 crore), Gujarat Energy Transmission Corporation Ltd (Rs 284.79 crore). GSPC led the chart of loss-makers with a loss of Rs 17,061.20 crore, followed by Sardar Sarovar Narmada Nigam Ltd (Rs 973.50 crore), Gujarat State Road Transport Corporation (Rs 184.45 crore) and Gujarat State Finance Corporation (Rs 117.18 crore). Fifty-four PSUs earned a profit of Rs 3,647.96 crore and 14 incurred net loss of Rs 18,412.39 crore. Similarly, total equity of SPSUs rose from Rs 59,130.71 crore to Rs 85,112.91 crore. Net loss of all SPSUs stood at Rs 14,764.43 crore in fiscal 2016-17..