380 infra projects witness cost overrun till October 2022: MoSPI

The Ministry of Statistics & Programme Implementation (MoSPI) monitors infrastructure projects worth Rs.1.5 billion and above. Of the 1,521 such projects, 380 reported cost overrun of over Rs.4.6 trillion till October 2022. 642 projects reported time overrun. The MoSPI has attributed the time overrun to a host of issues including delay in land acquisition, forest or environment clearance, lack of infrastructure support and linkages, supply of equipment, fund constraints, geological surprises, change in scope, delay in tendering, shortage of labour, contractual issues, state-wise lockdown due to Covid-19, legal cases and law and order situation. Expenditure incurred on the 1,521 projects till October 2022 is around Rs.13.9 trillion, which is 53.9 per cent of the anticipated cost of the projects.

References
1. https://economictimes.indiatimes.com/news/economy/infrastructure/380-infra-projects-show-cost-overruns-of-rs-4-58-lakh-cr/articleshow/95635279.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.8 +0.5
Consumer Sentiments Index
Base September-December 2015
81.4 0.0
Consumer Expectations Index
Base September-December 2015
81.0 0.0
Current Economic Conditions Index
Base September-December 2015
81.9 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Dec 21 Mar 22 Jun 22 Sep 22
New projects 4.04 8.56 4.87 3.52
Completed projects 2.86 1.32 1.18 1.32
Stalled projects 0.08 0.43 0.53 0.06
Revived projects 1.98 0.33 0.29 0.08
Implementation stalled projects 0.66 0.09 0.29 0.26
Updated on: 28 Nov 2022 8:28PM
Quarterly Financials of Listed Companies
(% change) Dec 21 Mar 22 Jun 22 Sep 22
All listed Companies
 Income 23.4 20.8 40.3 24.7
 Expenses 21.3 19.8 41.5 26.2
 Net profit 35.4 31.3 21.1 -0.7
 PAT margin (%) 9.0 8.8 7.2 7.3
 Count of Cos. 4,755 4,668 4,672 4,451
Non-financial Companies
 Income 29.3 24.8 50.3 27.4
 Expenses 28.8 25.7 53.1 30.5
 Net profit 19.2 9.8 8.3 -21.9
 PAT margin (%) 7.5 7.6 5.7 5.1
 Net fixed assets 2.0 6.7
 Current assets 15.0 18.3
 Current liabilities 11.7 11.3
 Borrowings 3.6 10.5
 Reserves & surplus 11.3 7.3
 Count of Cos. 3,439 3,386 3,408 3,302
Numbers are net of P&E
Updated on: 28 Nov 2022 8:28PM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.6 -0.9 25.8
 Expenses 0.4 -3.2 24.7
 Net profit -3.8 75.3 61.3
 PAT margin (%) 2.0 4.4 8.0
 Assets 9.0 9.9 9.9
 Net worth 4.7 12.0 14.0
 RONW (%) 3.4 6.8 11.8
 Count of Cos. 33,286 32,160 8,832
Non-financial Companies
 Income -1.1 -1.9 31.7
 Expenses -0.9 -3.9 31.5
 Net profit -20.4 62.3 59.8
 PAT margin (%) 2.2 3.9 6.9
 Net fixed assets 11.3 2.2 2.1
 Net worth 2.0 10.5 14.5
 RONW (%) 4.6 7.5 13.3
 Debt / Equity (times) 1.2 1.0 0.7
 Interest cover (times) 1.9 2.4 4.3
 Net working capital cycle (days) 82 88 55
 Count of Cos. 26,274 25,220 6,566
Numbers are net of P&E
Updated on: 27 Nov 2022 6:02PM