TCIL pays Govt Rs 14.20 cr dividend for FY 2022-23

Telecommunications Consultants India Ltd (TCIL) has paid a dividend of Rs 14.20 crore to the government for Financial Year 2022-23. Chairman & Managing Director of TCIL Sanjeev Kumar, presented a dividend cheque to this effect to the Secretary, Telecom, Neeraj Mittal. Since its inception, TCIL has been a consistently profit making Company. It has so far paid a dividend of Rs 294.19 crore to the Government till FY 2022-23. The dividend is on Government’s initial investment in equity of Rs 0.3 Crore. Rs16 crore was further infused during 2015-16. The group and standalone net worth of the company are Rs 1,712.00 crore and Rs 618.56 crore respectively as on March 31, 2023.