https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NSIC Records Highest-Ever Dividend of Rs. 37.97 Crore for FY 2023-24

NSIC paid its highest-ever dividend of ₹37.97 crore for FY 2023-24, achieving an 18.16% growth in revenue and a 14.55% increase in profit after tax, reflecting its strong support for MSME development.
Indian Masterminds Stories

The National Small Industries Corporation Limited (NSIC) has set a new benchmark by paying its highest-ever dividend of ₹37.97 crore to the Government of India for the financial year 2023-24. The dividend cheque was presented by NSIC Chairman-cum-Managing Director, Dr. Subhransu Sekhar Acharya, to Hon’ble Union Minister Mr. Jitan Ram Manjhi and Hon’ble MoS Sushri Shobha Karandlaje in the presence of Mr. S.C.L. Das, Secretary (MSME), and other senior officials of the Ministry and NSIC.

The CMD highlighted NSIC’s robust performance, with revenue from operations reaching ₹3,273 crore in FY 2023-24, marking an 18.16% growth. The Corporation also reported a Profit After Tax (PAT) of ₹126.56 crore, a 14.55% increase from the previous year.

Commending NSIC’s achievements, Mr. Jitan Ram Manjhi emphasized the importance of continued support to MSMEs nationwide. He urged the Corporation to explore innovative avenues for skill development and enterprise creation, further solidifying its role in empowering small industries across India.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Telangana-govt-IM-resized
Telangana Reshuffles 5 IAS Officers: Sarfaraz Ahmad Appointed Hyderabad Metro MD, NVS Reddy Named Urban Transport Advisor
Odisha Government
Odisha Chief Secretary Orders Removal of Officials with Doubtful Integrity from Sensitive Posts, Urges Preventive Vigilance
PCS Officers Punjab
PCS Officers Donate ₹12 Lakh to CM Relief Fund; Punjab, Haryana Associations Extend Support
IAS Vikas Sheel
Meet IAS Vikas Sheel: Newly Appointed Chief Secretary of Chhattisgarh, Relieved Early from ADB Post
CISF
Leadership Reshuffle Expected in CAPFs as ITBP, CISF Chiefs Retire; New DG Appointments Likely Soon
Two crossed national flags on wooden table
India-US Trade Deal Talks Make Progress; Both Sides Aim to Fast-Track Agreement and Ease Tariff Tensions
Union Minister Sarbananda Sonowal
India Set to Attract ₹80 Lakh Crore Investment, Create 1.5 Crore Jobs in Maritime Sector: Minister Sonowal
UP Government Uttar Pradesh Yogi
Uttar Pradesh Govt Transfers 16 IAS Officers in Major Reshuffle; Lucknow Commissioner Replaced, B Chandrakala Gets Forest Dept
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
K M Abharna IFS Eco Warrior Awards 2025
Meet K. M. Abharna, the IFS Officer Behind Avni’s Case and Vidya Balan’s Sherni Role
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
Tamil Nadu Gaur Rescue
Tiruchirappalli Forest Officials Risk Lives to Rescue Juvenile Gaur; Video Shared by IAS Officer Goes Viral
Trichy forest and fire teams risk lives to rescue a juvenile Indian gaur; IAS officer Supriya Sahu shares...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Telangana-govt-IM-resized
Telangana Reshuffles 5 IAS Officers: Sarfaraz Ahmad Appointed Hyderabad Metro MD, NVS Reddy Named Urban Transport Advisor
Odisha Government
Odisha Chief Secretary Orders Removal of Officials with Doubtful Integrity from Sensitive Posts, Urges Preventive Vigilance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
IFS Uttam Kumar Sharma Interview
K M Abharna IFS Eco Warrior Awards 2025
ADVERTISEMENT
ADVERTISEMENT