EdCIL pays Rs 10 Crore dividend cheque to Shri Prakash Javadekar

Shri Diptiman Das, CMD, EdCIL handed over the dividend cheque of Rs 10 Crore for the Financial Year 2016-17 to Shri Prakash Javadekar, Union HRD Minister in the presence of Dr Satyapal Singh MoS, HRD, Shri K K Sharma, Secretary (Higher Education) and Shri R Subramanyam, Additional Secretary (Technical Education).

The Dividend matches the highest-ever dividend paid by the company. EdCIL registered a turnover of Rs 158 crore and the Profit before Tax (PBT) of Rs 47 crore during the FY 2016-17. Edcil provides specialized services in the areas of digital education, advisory, online testing and education infra areas. The company has recently bagged an ICT project worth US $12 million in Mauritius. The project will be implemented by March 2018.

Powered by Capital Market - Live News