SHCIL is the country's largest custodian and depository participant.
The corporation's profit before tax (PBT) stood at Rs 101 crore in FY08 against Rs 60 crore in the year-ago period, showing a 68 per cent increase, a press release issued here today stated.
SHCIL's net-worth has increased from Rs 240 crore in FY07 to Rs 298 crore in FY08, the release said.
The corporation's Board has recommended a payment of 50 per cent dividend to its shareholders, which comprises leading institutions.
SHCIL has been appointed by the government of India as the central record-keeping agency (CRA) and also as the sole custodian under the New Pension Scheme (NPS) by the Pension Fund Regulatory & Development Authority (PFRDA).
