- By JE Business Desk
- Fri, 06 Dec 2024 03:41 PM (IST)
- Source:JND
The National Small Industries Corporation Limited (NSIC), a Mini Ratna enterprise under the Ministry of MSME, paid a dividend of Rs 37.97 crore to the Government of India for the financial year 2023-24. 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) and Shri Gaurav Gulati, Director (Finance), NSIC and other senior officials from Ministry and NSIC.
Speaking on the occasion, Jitan Ram Manjhi urged that NSIC should keep on serving MSMEs across the country and explore new avenues for skill development and enterprise creation.
"Chairman-cum-Managing Director Dr. Subhransu Sekhar Acharya presented a dividend cheque to Jitan Ram Manjhi, Union Minister and Shobha Karandlaje, MoS, Ministry of MSME in the presence of S.C.L. Das, Secretary(MSME) and other senior officers of Ministry and NSIC," said Ministry of Micro,Small & Medium Enterprises.
Dr. Acharya highlighted NSIC’s financial milestones, including a revenue of Rs 3,273 crore, marking an 18.16% growth, and a Profit after Tax (PAT) of Rs 126.56 crore, up by 14.55% 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.