Seven leading DPSUs, including HAL, BEL, and MDL, have contributed a significant dividend of ₹3,951 crore to the government for FY 2025-26. This strong financial performance was marked by record growth in turnover, profits, and a substantial surge in exports, underscoring India's progress towards defense self-reliance.

Seven leading DPSUs, including HAL, BEL, and MDL, have contributed a significant dividend of ₹3,951 crore to the government for FY 2025-26. This strong financial performance was marked by record growth in turnover, profits, and a substantial surge in exports, underscoring India's progress towards defense self-reliance.

Seven leading DPSUs, including HAL, BEL, and MDL, have contributed a significant dividend of ₹3,951 crore to the government for FY 2025-26. This strong financial performance was marked by record growth in turnover, profits, and a substantial surge in exports, underscoring India's progress towards defense self-reliance.

Seven leading DPSUs, including HAL, BEL, and MDL, have contributed a significant dividend of ₹3,951 crore to the government

Seven Defence Public Sector Undertakings (DPSUs), including Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL) and Mazagon Dock Shipbuilders Limited (MDL), have paid a combined dividend of ₹3,951 crore to the government for FY 2025-26.

The dividend cheques were presented to Defence Minister Rajnath Singh during a review of the annual performance of 16 DPSUs in New Delhi on Tuesday.

The seven companies that presented the dividend cheques were HAL, MDL, BEL, Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers Limited (GRSE), BEML and MIDHANI. The dividend was paid against the government's equity shares in these companies.

The payout comes after a year in which defence PSUs recorded growth in turnover, profits and exports. The combined turnover of the DPSUs stood at ₹1.29 lakh crore in FY 2025-26, which is an increase of 15.4 per cent compared with the previous financial year.

Their cumulative Profit After Tax reached ₹23,136 crore, registering year-on-year growth of 15.6 per cent.

Exports by DPSUs also increased sharply, rising 151.2 per cent compared with the previous financial year.

During the review, Singh pointed out that India's overall defence production reached approximately ₹1.8 lakh crore during 2025-26, of which DPSUs accounted for ₹1.29 lakh crore.

He described the performance as a reflection of India's progress towards building a self-reliant defence industrial base.

Singh reviewed the performance, achievements and future plans of all 16 DPSUs along with Minister of State for Defence Sanjay Seth.

The review covered indigenous production and manufacturing capabilities, development of advanced defence technologies, exports, supply chains and the execution of major projects.

Singh asked the companies to focus on timely deliveries, reducing import dependence, increasing productivity, expanding defence exports and supporting start-ups and MSMEs. He also called for their products to meet global quality standards.

"The progress of DPSUs is not merely an economic or industrial necessity; it is a national security imperative," Singh said.

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