HPSEBL Reports Highest Profit Ever: ₹315 cr in FY25 After Years of Losses

The Himachal Pradesh State Electricity Board Limited (HPSEBL) reported a profit of ₹315 crore in FY25, marking a significant turnaround after years of losses. The board's accumulated losses stood at ₹3,742 crore until March 31, 2024. The government attributed the success to its reforms, transparent policies, and financial discipline. HPSEBL approved ₹368.89 crore for employee benefits, with ₹187.86 crore disbursed till July 31, 2025. The board aims to become fully self-reliant, benefiting employees and the state's people.

The Himachal Pradesh State Electricity Board Limited (HPSEBL) has reported a significant turnaround, posting a profit of ₹315 crore in the financial year 2024-25. This marks a substantial improvement after years of accumulated losses, which stood at ₹3,742 crore until March 31, 2024. The government attributes this success to a combination of reforms, transparent administrative policies, and financial discipline [1].

The board's financial turnaround is a testament to the state government's vision of a 'Nai Soch, Naya Himachal'. The reforms implemented by the government have not only helped HPSEBL recover from its losses but have also set the stage for future growth. The Chief Minister Sukhvinder Singh Sukhu emphasized that the success was the result of a clear policy, honest governance, and a welfare-oriented approach [2].

In addition to the operational reforms, HPSEBL has also seen an increase in employee benefits. For the financial year 2024-25, the board approved ₹368.89 crore for gratuity, medical reimbursement, revised pension arrears, and leave encashment. Out of this, ₹187.86 crore has already been disbursed till July 31, 2025, indicating a significant increase from the previous year's ₹87.56 crore [3].

The board aims to become fully self-reliant in the future, benefiting not only its employees and officers but also the people of the state. With the continued support of the government and the cooperation of all stakeholders, HPSEBL is poised to achieve this goal.

References:
[1] https://www.marketscreener.com/news/press-digest-canada-august-1-ce7c5fd2d089f42c
[2] https://www.business-standard.com/companies/news/hp-electricity-board-records-315-cr-profit-in-fy25-after-years-of-losses-125080200360_1.html
[3] https://newsarenaindia.com/economy/hp-electricity-board-records-profit-after-years-of-losses/52079