EdCIL pays a highest ever dividend of Rs 12.5 Crore for the year 2019-20.

New Delhi, 13 April (HS): EdCIL (India) Limited, a Mini Ratna Category-I CPSE under Ministry of Education, paid a highest ever dividend of Rs 12.5 Crore for the year 2019-20.

Union Minister of Education, Ramesh Pokhriyal ‘Nishank’ received the dividend cheque from Manoj Kumar, CMD – EdCIL, in the presence of Dr. Rakesh Ranjan, Additional Secretary (Technical Education) and other officials of the Ministry and EdCIL.

The company registered a turnover of Rs. 326 Crore and a PBT of Rs. 56 Crore during the year 2019-20.

EdCIL offers Project Management and Consultancy solutions across education verticals covering ICT/IT Solutions, Online Testing and Assessment Services, Advisory Services, Infrastructure, PMC, Procurement and Overseas Education Services.

The company is executing a mega-project of Ministry of Education called “Study in India” to increase the number of inbound foreign students to India. The program includes setting-up of a large portal, call centre, social media campaign, branding, event management and setting-up of facilitation centres.