NSIC - National Small Industries Corporation
NSIC - Facilitating the Growth of Small Enterprise Since 1955    

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Last updated date - Saturday, November 01, 2014
 
Media Room
 
NSIC Pays Record Dividend
Shri Kalraj Mishra, Hon’ble Minister, Ministry of Micro ,Small and Medium Enterprises received a dividend cheque of Rs.15.19 crores for the year 2013-14 from Shri Ravindra Nath, CMD, NSIC in the presence of Shri Madhav Lal, Secretary, Ministry of MSME and Shri S.K.Tripathi,Joint Secretary, MSME and other officials of Ministry of MSME. Shri Ravindra Nath,CMD,NSIC informed that this is the highest dividend ever paid by NSIC.The Corporation has done an overall business of Rs. 17,444 crore in 2013-14, posting a 25% growth from its previous year, its Gross Income has gone upto Rs.418.04 crore registering a growth of 22% and Profit before Tax for the year was Rs.114.71 crore posting an increase of 24% from the previous year.


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