Power Distribution Companies Turn Profitable After Years of Losses, Record ₹2701 Crore Net Profit

• India's electricity distribution companies (Discoms) have collectively achieved a net profit of ₹2701 crore in FY 2024-25, marking a historic turnaround.
• This is a significant improvement from a loss of ₹25553 crore in FY 2023-24 and ₹67962 crore in FY 2013-14.
• Union Power Minister Manohar Lal attributed this success to government reforms focusing on operational improvements, cost control, and better bill collection.
• The transformation is also credited to Prime Minister Narendra Modi's leadership and continuous dialogue with states and union territories on necessary reforms.
• The return to profitability is seen as crucial for supporting India's growing economy and achieving the goal of a developed nation.

Why It Matters: After years of losses, India's power distribution companies have achieved a historic ₹2701 crore net profit in FY25 due to government reforms.