TCIL pays dividend of Rs 12.13 crore for the FY 2021-22

New Delhi: Telecommunications Consultants India Limited (TCIL), a PSU under the Ministry of Department of Telecommunications (DoT), has paid a dividend of Rs 12.13 crore for the financial year 2021-22 (FY'22). TCIL's Chairman & Managing Director (CMD) Sanjeev Kumar presented a dividend cheque of Rs 12.13 crore to DCC's Chairman and Secretary (Telecom) K Rajaraman.

Since its inception, TCIL has been a profit-making company continuously. TCIL has paid a total dividend of Rs 279.99 crore to the government till FY 2021-22 on the government's initial investment in the equity of Rs 0.3 crore. Further, Rs 16 crore was again infused by the government during FY 2015-16. The group and standalone net-worth of the company are Rs 1,527.24 crore and Rs 612.78 crore respectively as on March 31, 2022.

During FY 2021-22, TCIL achieved standalone revenue and profit after tax of Rs 1581.18 crore and Rs 30.33 crore respectively.

TCIL is a prime engineering and consultancy company. It 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 Pan Africa e-Vidya Bharti & Arogya Bharti Network project operating in more than 15 African countries and more African Countries are likely to join.

TCIL is also executing high-value government projects of Rural ICT for the Department of Posts, Defence, Navy OFC Projects, APSFL, Telengana Fiber, BBNL VSAT and Eklavya School.

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