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Power Sector Reforms Help DISCOMs Post Profits in FY 2025 for First Time

The utilities posted a cumulative profit of ₹27 billion, while AT&C losses dipped to 15.04%

January 27, 2026

/ Melvin Mathew
/ AT&C, Finance and M&A, T&D
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India’s rated power distribution utilities reported a consolidated profit after tax (PAT) of ₹27.01 billion (~$294.7 million) in FY25, marking a sharp turnaround from a loss of ₹270.22 billion (~$2.95 billion) recorded in FY24, according to the Ministry of Power’s 14th Annual Integrated Rating and Ranking Report.

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Melvin Mathew

More articles from Melvin Mathew.
DISCOMIntegrated RatingsMinistry of PowerPowerPower Finance CorporationRatings
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