Govt receives dividend from Telecommunications Consultants India

TCIL achieved standalone revenue and PAT of Rs 12051.10 million and Rs 708.22 million respectively in 2016-17

GN Bureau | October 27, 2017


#PSU   #TCIL   #Telecommunications Consultants India Ltd  

Telecommunications Consultants India Ltd. (TCIL) has paid a dividend of Rs 7.082 crore to the government.

TCIL has paid dividend of Rs 1,929.87 million to government till s2016-17 fiscal on the government’s initial investment in equity of Rs 3 million.

In 2016-17, TCIL achieved standalone revenue and profit after tax of Rs 12051.10 million and Rs 708.22 million respectively.

TCIL established in August, 1978, is a mini ratna category – I status company under the ministry of communications, department of telecommunications. The union government holds 100 percent of its share capital. TCIL is a prime engineering and consultancy company. TCIL undertakes projects in all field of Telecommunications, IT and Civil construction in India and abroad. TCIL has executed projects in over 70 countries across globe.

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