US Prime Magazine

Business

EdCIL paid dividend of Rs16 crore for 2021-22

John

[ad_1]

NEW DELHI : EdCIL (India) Limited, a Mini Ratna Category-I CPSE of the Ministry of Education, Government of India, paid a dividend of ₹16 crore for the year 2021-22 on Monday. 

“Dharmendra Pradhan, Union Minister for Education, received the cheque from Manoj Kumar, CMD EdCIL, in the presence of K. Sanjay Murthy, Secretary (HE), MoE, Rakesh Ranjan, AS (TE) and other senior officials of MoE and EdCIL,” the Ministry of Education said in a press release. 

The Company during FY 21-22 registered highest ever turnover of Rs. 428 crores which is 29% higher than the previous year turnover. The PBT (Profit Before Tax) was also recorded the highest Rs. 71 crores.

Catch all the Corporate news and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

[ad_2]

Source link

Related Posts

IDBI Bank files insolvency application against Zee Ent

[ad_1] MUMBAI : IDBI Bank on Thursday filed an insolvency application against Zee Entertainment Enterprises for initiating a corporate insolvency resolution process (CIRP). The lender has filed the petition under Section 7 that allows a financial creditor to file an application for initiating CIRP against a corporate debtor before the adjudicating authority, an exchange filing […]

Falling yield gap a sign of worry for markets: BNP Paribas’ Eleswarapu

[ad_1] MUMBAI : While Indian stock markets have outperformed the developed and other emerging markets year-to-date, the odds of a correction over the next 12-15 months have shortened, given the rising interest rates and slowing growth scenario. This is being reflected by the gap between the next 12 months’ Nifty earnings yield and the 10-year […]

Officials to get incentives for quick biz rescue

[ad_1] The Insolvency and Bankruptcy Board of India (IBBI) has set the minimum compensation to be paid to professionals stitching together rescue plans for bankrupt companies and has proposed performance-linked incentives for quickly salvaging businesses. The bankruptcy rule maker also stipulated that these professionals should not share the fee paid to any other professionals hired […]