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India's first prime minister, Jawaharlal Nehru called public sector units 'the temples of modern India'.
While some PSUs have lived up to the expectations and contributed substantially to India's economic growth, others have turned into white elephants.
Here's a look at India's top profit making PSUs according to The Economic Times.
Oil and Natural Gas Corporation (ONGC)
Net profit: Rs 22,455.93 crore (Rs 224.55 billion)
Revenues: Rs 1,24,556.42 crore (Rs 1.24 trillion)
Assets: Rs 1,43,470.73 crore (Rs 1.43 trillion)
(Figures for the financial year ended 2010-11)
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Coal India
Net profit: Rs 10,867.35 crore (Rs 108.67 billion)
Revenues: Rs 55,148.31 crore (Rs 551.48 billion)
Assets: Rs 34,903.38 crore (Rs 349.03 billion)
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State Bank of India
Net profit: Rs 10,684.95 crore (Rs 106.84 billion)
Revenues: Rs 1,47,843.92 crore (Rs 1.47 trillion)
Assets: Rs 14,84,481.66 crore (Rs 14.84 trillion)
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NTPC
Net profit: Rs 9,353.40 crore (Rs 93.53 billion)
Revenues: Rs 60,008.18 crore (Rs 600.08 billion)
Assets: Rs 1,19,683.40 crore (Rs 1.19 trillion)
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Indian Oil Corporation
Net profit: Rs 7,830.72 crore (Rs 78.30 billion)
Revenues: Rs 3,13,627.88 crore (Rs 3.13 trillion)
Assets: Rs 1,17,405.85 crore (Rs 1.17 trillion)
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NMDC
Net profit: Rs 6,499.22 crore (Rs 64.99 billion)
Revenues: Rs 12,574.64 crore (Rs 125.74 billion)
Assets: Rs 19,214.52 crore (Rs 192.14 billion)
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Bharat Heavy Electricals (BHEL)
Net profit: Rs 6,033.36 crore (Rs 60.33 billion)
Revenues: Rs 43,434.62 crore (Rs 434.34 billion)
Assets: Rs 20,425.25 crore (Rs 204.25 billion)
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Steel Authority of India (SAIL)
Net profit: Rs 4,937.73 crore (Rs 49.37 billion)
Revenues: Rs 43,556.87 crore (Rs 435.56 billion)
Assets: Rs 58,877.53 crore (Rs 588.77 billion)
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Bank of Baroda
Net profit: Rs 4,433.71 crore (Rs 44.33 billion)
Revenues: Rs 25,800.41 crore (Rs 258 billion)
Assets: Rs 3,55,826.85 crore (Rs 3.55 trillion)
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Canara Bank
Net profit: Rs 4,034.19 crore (Rs 40.34 billion)
Revenues: Rs 25,792.60 crore (Rs 257.92 billion)
Assets: Rs 3,28,640.24 crore (Rs 3.28 trillion)
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GAIL India
Net profit: Rs 4,020.97 crore (Rs 40.20 billion)
Revenues: Rs 35,664.08 crore (Rs 356.64 billion)
Assets: Rs 28,665.16 crore (Rs 286.65 billion)
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Power Grid Corporation
Net profit: Rs 2,971.91 crore (Rs 29.71 billion)
Revenues: Rs 9,273.61 crore (Rs 92.73 billion)
Assets: Rs 63,203.34 crore (Rs 632.03 billion)
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Oil India
Net profit: Rs 2,883.69 crore (Rs 28.83 billion)
Revenues: Rs 9,549.18 crore (Rs 95.49 billion)
Assets: Rs 16,789.05 crore (Rs 167.89 billion)
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Power Finance Corporation
Net profit: Rs 2,647.12 crore (Rs 26.47 billion)
Net profit: 10,214.10 crore (Rs 102.14 billion)
Revenues: Rs 1,01,291.25 crore (Rs 1.01 trillion)
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Bank of India
Net profit: Rs 2,542.42 crore (Rs 25.42 billion)
Revenues: Rs 24,500.25 crore (Rs 245 billion)
Assets: Rs 3,39,268.09 crore (Rs 3.39 trillion)
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NHPC
Net profit: Rs 2,316.16 crore (Rs 23.16 billion)
Revenues: Rs 5,950.74 crore (Rs 59.50 billion)
Assets: Rs 45,037.61 crore (Rs 450.37 billion)
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Union Bank of India
Net profit: Rs 2,669.03 crore (Rs 26.69 billion)
Revenues: Rs 18,500.66 crore (Rs 185 billion)
Assets: Rs 2,28,701.07 crore (Rs 2.28 trillion)
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Indian Bank
Net profit: Rs 1,745 crore (Rs 17.45 billion)
Revenues: Rs 10,550.82 crore (Rs 105.50 billion)
Assets: Rs 1,17,519.39 crore (Rs 1.17 trillion)
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Bharat Petroleum Corporation
Net profit: Rs 1,634.96 crore (Rs 16.34 billion)
Revenues: Rs 1,55,370.19 crore (Rs 1.55 trillion)
Assets: Rs 41,533.77 crore (Rs 415.33 billion)
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IDBI Bank
Net profit: Rs 1,563.51 crore (Rs 15.63 billion)
Revenues: Rs 20,838.19 crore (Rs 208.38 billion)
Assets: Rs 2,46,583.94 crore (Rs 2.46 trillion)