New Delhi (13.11.2024):EdCIL (India) Limited has reported a record-breaking performance for the Financial Year 2023-24. The company announced a dividend payment of Rs 31 crore, marking a substantial 55 percent increase from the Rs 20 crore dividend distributed in FY 2022-23.
The dividend cheque was formally presented to the Higher Education Secretary, Ministry of Education, K Sanjay Murthy (IAS: 1989: HP) by the Chairman and Managing Director of EdCIL Manoj Kumar. Also in attendance were Govind Jaiswal (IAS: 2007: AGMUT), Joint Secretary (TEL) of the Ministry of Education, along with senior officials from both the Ministry and EdCIL.
The year also saw EdCIL achieve its highest-ever turnover of Rs 656 crore, a notable 49 per cent growth compared to the previous fiscal’s turnover of Rs 439 crore. Profit Before Tax (PBT) surged to Rs 137 crore, representing a 54 percent increase over the previous year’s Rs 89 crore PBT.
EdCIL pays Rs 31 cr dividend to Govt for FY 2023-24
By IndianMandarins - 2024-11-13 09:20:00
New Delhi (13.11.2024):EdCIL (India) Limited has reported a record-breaking performance for the Financial Year 2023-24. The company announced a dividend payment of Rs 31 crore, marking a substantial 55 percent increase from the Rs 20 crore dividend distributed in FY 2022-23.
The dividend cheque was formally presented to the Higher Education Secretary, Ministry of Education, K Sanjay Murthy (IAS: 1989: HP) by the Chairman and Managing Director of EdCIL Manoj Kumar. Also in attendance were Govind Jaiswal (IAS: 2007: AGMUT), Joint Secretary (TEL) of the Ministry of Education, along with senior officials from both the Ministry and EdCIL.
The year also saw EdCIL achieve its highest-ever turnover of Rs 656 crore, a notable 49 per cent growth compared to the previous fiscal’s turnover of Rs 439 crore. Profit Before Tax (PBT) surged to Rs 137 crore, representing a 54 percent increase over the previous year’s Rs 89 crore PBT.
