NSIC pays dividend of Rs 43.89 crore to Government of India

Dr. Acharya highlighted NSIC's financial milestones, including a revenue of Rs 3,431 crore and Profit after Tax (PAT) of Rs 146.30 crore, up by 15.60% from the previous year.

NSIC pays dividend of Rs 43.89 crore to Government of India
NSIC pays dividend of Rs 43.89 crore to Government of India

New Delhi: The National Small Industries Corporation Limited (NSIC), a Mini Ratna enterprise under the Ministry of MSME, paid a dividend of Rs 43.89 crore to the Government of India for the financial year 2024-25. The dividend cheque was presented by Dr. Subhransu Sekhar Acharya, CMD, NSIC to Shri Jitan Ram Manjhi, Hon'ble Union Minister of MSME and Sushri Shobha Karandlaje, Hon'ble MoS, Ministry of MSME, in the presence of Shri S.C.L. Das, Secretary, Ministry of MSME, Ms. Mercy Epao, JS (SME), Shri Kartikeya Sinha, Director (P&M), NSIC and other senior officials from Ministry and NSIC.

Dr. Acharya highlighted NSIC's financial milestones, including a revenue of Rs 3,431 crore and Profit after Tax (PAT) of Rs 146.30 crore, up by 15.60% from the previous year. The Hon'ble Minister applauded NSIC's efforts in empowering MSMEs through integrated support services, and both leaders expressed confidence in NSIC's continued role in fostering enterprise creation and skill development.

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