Goa's EDC records robust FY26 performance with Rs 68 cr profit before tax: CM Sawant

New Delhi/Panaji: The Goa Government-run Economic Development Corporation (EDC) Ltd has posted a revenue of Rs 94 crore and a profit before tax of around Rs 68 crore in 2025-26, while maintaining NPA at 0.3 percent, Chief Minister Pramod Sawant has said.

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Sawant chaired the 408th Board Meeting of EDC on Tuesday, during which several policy decisions aimed at strengthening Goa's industrial, MSME and entrepreneurial ecosystem were taken, an official statement said.

The chief minister said the board sanctioned term loans and approved the accounts for FY 2025-26.

"EDC has posted a revenue of Rs 94 crore and a profit before tax of around Rs 68 crore, while maintaining an exceptionally low NPA (non-performing assets) of just 0.30 percent," Sawant said.

He complimented the officers and staff of EDC on the financial performance.

The board also reviewed key initiatives, including the Easy Exit Scheme for beneficiaries of the Chief Minister's Rozgar Yojana (CMRY), loan schemes for solar and renewable energy projects, and the Working Capital Term Loan Scheme, the statement said.

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Sawant said EDC continues to play a vital role in supporting micro, small and medium enterprises (MSMEs), entrepreneurship and economic growth in the state.

The corporation's initiatives are aligned with the government's vision of "Swayampurna Goa" and "Viksit Goa", aimed at promoting self-reliance and sustainable economic development, he added.

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