TCIL achieves standalone revenue and profit after tax of Rs.17492.90 Mn and Rs.527.70 Mn respectively, in 2020-21
Pays dividend of Rs. 211.10 Mn to Telecom Department
Shri Sanjeev Kumar, Chairman & Managing Director, Telecommunications Consultants India Ltd. (TCIL) presented a dividend cheque of Rs. 211.10 Million to Shri K. Rajaraman, Chairman DCC &Secretary, Department of Telecommunications.
Since its inception, TCIL has been a profit-making Company continuously. Telecommunications Consultants India Ltd has paid a dividend of Rs. 2678.60 Million to Govt. till 2020-21 on Government’s initial investment in the equity of Rs. 3 Million. Rs.160 Million was further infused during 2015-16. The group and standalone net worth of the company are Rs. 9595.1 Million and Rs.6111 Million respectively as of 31st March 2021.
In 2020-21, TCIL achieved standalone revenue and profit after tax of Rs.17492.90 Million and Rs.527.70 Million respectively.
TCIL established in August 1978, is a Mini Ratna Category – I Status Company under the Ministry of Communications, Department of Telecommunications. The government of India holds 100% of its share capital. Telecommunications Consultants India Ltd is a prime engineering and consultancy company. TCIL undertakes projects in all fields of Telecommunications, IT and Civil construction in India and abroad. TCIL has executed projects in over 70 countries across the globe.
Overseas operations of the Company are in Kuwait, Kingdom of Saudi Arabia, Oman, Mauritius, Nepal etc. in addition to the Pan Africa e-Vidya Bharti &Arogya Bharti Network project operating in more than 15 African countries and more African countries are likely to join.
The Company is also executing high-value Govt. of India prestigious projects of Rural ICT for Department of Posts, Defence, Navy OFC Projects, APSFL, Telangana Fiber, BBNL VSAT and Eklavya School.
Disclaimer : This is an official press release by PIB.
