National News

IREL declares 2nd interim dividend for FY 2021-22

With the declaration of the 2nd interim dividend, the total dividend paid by IREL would amount to Rs 130.00 crore for the year 2021-22

PSU Watch Bureau

New Delhi: IREL (India) Limited, a PSU under the Department of Atomic Energy (DAE), has declared the second instalment of interim dividend out of the profit for the financial year 2021-22. With the declaration of the 2nd interim dividend, the total dividend paid by IREL would amount to Rs 130.00 crore for the year 2021-22.

The company has complied with the consistent dividend payment advisory issued by the Department of Investment and Public Asset Management (DIPAM) and declared dividends over and above the minimum dividend payment stipulations.

During FY 2021-22, IREL delivered one of its best physical and financial performances, the company attained its highest ever turnover of Rs 1,462 crores.

In addition, the company has secured an "Excellent" MoU rating for the 4th consecutive year. The above feat could be achieved despite withstanding two waves of the Pandemic and disruptions in the supply chain.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Govt to use de-coaled land for setting up nuclear power projects, seeks comments from public

HSL Vizag hosts Toshiba delegation to explore advanced maritime battery solutions

Finance Ministry asks public sector insurers to improve profitability

RailWire launches internet service bundled Prasar Bharati’s OTT pack

Cooperative banks to be digitised by March 2025: NABARD Chairman