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BusinessApr 01, 2026 05:30 PM

CAG: 7 SPSEs incurred Rs 794.98cr loss in FY23 - OrissaPOST

Bhubaneswar: Seven state public sector enterprises (SPSEs) incurred a loss of Rs 794.98 crore during FY 2022-23, up from Rs 453.11 crore in FY 2021-22, the Comptroller and Auditor General of India (CAG) said Tuesday. The CAG audited the financial performance of the SPSEs for the financial year 2022-23 and mentioned its findings in a report, which was tabled in the Assembly Tuesday. "Of the 29 SPSEs audited, seven incurred a loss of Rs 794.98 crore during the 2022-23. These seven SPSEs had incur ...Read More >

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