343 infra projects witness cost overrun: MOSPI

The Ministry of Statistics & Programme Implementation (MOSPI) monitors infrastructure projects worth Rs.1.5 billion and above. Of the 1,438 such projects, 343 reported cost overrun of over Rs.4.5 trillion till December 2022. Besides, 835 projects reported time overrun. The report attributes the time overrun to a host of issues including delay in land acquisition, forest clearance, supply of equipment, lack of infrastructure support and linkages, fund constraints, change in scope, tendering, ordering and equipment supply and law and order situation. Expenditure incurred on the 1,438 projects till December 2022 is Rs.13 trillion which is 54.1 per cent of the anticipated cost of the projects.

References
1. https://economictimes.indiatimes.com/news/economy/infrastructure/343-infrastructure-projects-show-cost-overruns-of-rs-4-5-lakh-crore-835-delayed/articleshow/97220070.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.1 -0.1
Consumer Sentiments Index
Base September-December 2015
84.6 -0.2
Consumer Expectations Index
Base September-December 2015
83.7 0.0
Current Economic Conditions Index
Base September-December 2015
86.0 -0.5
Quarterly CapEx Aggregates
(Rs.trillion) Mar 22 Jun 22 Sep 22 Dec 22
New projects 8.68 5.20 4.42 6.68
Completed projects 1.33 1.18 1.36 1.61
Stalled projects 0.43 0.53 0.07 0.01
Revived projects 0.33 0.29 0.12 0.32
Implementation stalled projects 0.09 0.29 0.26 0.11
Updated on: 05 Feb 2023 8:28PM
Quarterly Financials of Listed Companies
(% change) Mar 22 Jun 22 Sep 22 Dec 22
All listed Companies
 Income 20.8 40.1 25.2 19.8
 Expenses 19.8 41.4 27.1 20.6
 Net profit 31.6 21.1 -1.4 5.7
 PAT margin (%) 8.8 7.2 7.8 9.9
 Count of Cos. 4,686 4,704 4,578 1,301
Non-financial Companies
 Income 24.8 50.1 27.9 18.5
 Expenses 25.7 52.9 31.5 20.5
 Net profit 10.1 8.4 -21.0 -12.7
 PAT margin (%) 7.6 5.7 5.7 7.1
 Net fixed assets 2.0 4.1
 Current assets 15.0 19.1
 Current liabilities 11.7 10.4
 Borrowings 3.5 12.8
 Reserves & surplus 11.2 7.6
 Count of Cos. 3,398 3,424 3,371 944
Numbers are net of P&E
Updated on: 05 Feb 2023 8:28PM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.6 -1.4 26.0
 Expenses 0.3 -3.6 24.9
 Net profit -3.0 74.5 63.3
 PAT margin (%) 2.0 4.5 7.2
 Assets 8.9 10.7 9.9
 Net worth 4.8 12.0 14.0
 RONW (%) 3.4 6.9 11.5
 Count of Cos. 31,839 30,688 14,155
Non-financial Companies
 Income -1.1 -2.5 30.7
 Expenses -0.9 -4.4 30.4
 Net profit -20.5 62.4 61.3
 PAT margin (%) 2.3 4.0 6.2
 Net fixed assets 11.4 2.4 2.1
 Net worth 2.1 10.6 14.5
 RONW (%) 4.7 7.6 12.7
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 1.9 2.5 4.0
 Net working capital cycle (days) 73 82 59
 Count of Cos. 25,106 24,021 11,477
Numbers are net of P&E
Updated on: 04 Feb 2023 5:32PM