https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

EdCIL (India) Limited Reports Record Performance for FY 2023-24, Announces 55% Increase in Dividend

Indian Masterminds Stories

EdCIL (India) Limited has reported a stellar performance for the fiscal year 2023-24, achieving its highest-ever turnover and significant growth in profits. The company announced a dividend payout of ₹31 crore, marking a 55% increase from the ₹20 crore dividend paid in FY 2022-23.

In a formal ceremony held on November 5, 2024, Manoj Kumar, Chairman and Managing Director of EdCIL, presented the dividend cheque to K Sanjay Murthy, Secretary of Higher Education at the Ministry of Education. The event was attended by Govind Jaiswal, Joint Secretary (TEL) of the Ministry of Education, as well as senior officials from both the Ministry and EdCIL.

The company’s financial performance for FY 2023-24 was exceptional, with turnover reaching ₹656 crore, marking a remarkable 49% growth compared to ₹439 crore in the previous fiscal year. Additionally, EdCIL’s Profit Before Tax (PBT) surged to ₹137 crore, reflecting a 54% increase from the ₹89 crore reported in FY 2022-23.

EdCIL’s strong performance underscores its continued success in driving growth and value, solidifying its position as a leading player in the education consultancy and services sector. The company’s ability to achieve record turnover and profitability highlights its strategic initiatives and robust execution in a competitive market.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Maharashtra Police
Maharashtra: 51 IPS & 81 SPS Officers Transferred in Major Reshuffle, Tejaswi Satpute Appointed Commander, SRPF
NHPC & IOCL
Public Sector Synergy: PSU Giants NHPC, IOCL Sign MoU to Jointly Explore Pumped Storage and Renewable Energy Projects
Coal India Limited_CIL_logo_resized
Coal India to Invest ₹1,067 Crore in Talcher Fertilizers; First Coal Gasification Urea Plant Progresses
Reserve-Bank-of-India_RBI_resized
RBI Bolsters AePS Onboarding Rules Aligned with KYC to Boost Security
Indian Forest Services IFS officer
23 State Forest Officers Transferred in Uttar Pradesh; 20 Appointed as In-Charge DFOs
Union Minister Bhupendra yadav
No Immediate Plan to Regulate AC Temperatures: Environment Minister Bhupendra Yadav Clarifies, Says 20–28°C Cap May Be Considered Only After 2050
Punya Salila Srivastava IAS
IAS Punya Salila Srivastava Gets Additional Charge of Health Research; IRS Pankaj Bodkhe Repatriated from KVIC
education
Gujarat Achieves 100% Textbook Distribution Before Academic Year: Over 6 Crore Books Delivered
ADVERTISEMENT
ADVERTISEMENT
Videos
Ex IRS C Rajendiran
Ex-IRS Officer C. Rajendiran Illuminates Thirukkural’s Timeless Wisdom in Exclusive Interview
WhatsApp Image 2025-06-25 at 5.07
Why Has the DGCA Fined Air India Rs 5 Crore Since Privatisation?
Former Diplomat Ashok Sajjanhar
Iran Is Weakest Now, Needs a Face-Saver
ADVERTISEMENT
UPSC Stories
Sanish Kumar Singh
“If you want it badly enough, you’ll find a way,” Sanish Kumar Singh AIR 8, UPSC IFS 2024 
The real interview, he says, was much more humane. “The board was conversational. The chairman opened...
Raju Wagh
When the Battlefield Became a Study Room and a Dream Took Flight
Amid IED blasts and anti-Maoist operations in Bastar, CRPF Commando Raju Wagh taught village kids, studied...
WhatsApp Image 2025-06-18 at 10.31
"I Just Wanted to Breathe Again": The Man Who Fought Death and Made It to UPSC
Struck by COVID at the peak of his UPSC prep, Devanand Telgote spent months on ECMO, unsure he'd live,...
Social Media
Shailaja Chandra
“Nanis & Dadis Have a Brain”: Former IAS Officer Shailaja Chandra Weighs in on 1970s vs 2025 Life Debate - “This Generation Has It Better”
Responding to Viral Post on Middle-Class Struggles, Ex-Bureaucrat Offers Candid Reflection on Then and...
Tigress Arrowhead
The End of an Era: A Queen Falls - Ranthambore’s Iconic Tigress Arrowhead (T-84) Passes Away at 14, Hours After Daughter’s Relocation
Ranthambore mourns the loss of one of its fiercest and most beloved tigers, Arrowhead, the granddaughter...
Screenshot 2025-06-13 194001
Wild Elephant Disrupts Riverside Picnic, Sparks Debate on Human Encroachment; IFS Parveen Kumar Shares the Video - Watch Here!
Mr. Kaswan used the viral video, which has garnered over 1.5 lakh views, to highlight the risks of human...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Maharashtra Police
Maharashtra: 51 IPS & 81 SPS Officers Transferred in Major Reshuffle, Tejaswi Satpute Appointed Commander, SRPF
NHPC & IOCL
Public Sector Synergy: PSU Giants NHPC, IOCL Sign MoU to Jointly Explore Pumped Storage and Renewable Energy Projects
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Ex IRS C Rajendiran
WhatsApp Image 2025-06-25 at 5.07
Former Diplomat Ashok Sajjanhar
ADVERTISEMENT
ADVERTISEMENT