Dividend Payment to Govt. of India by PDIL for FY 2018-19 PSU NEWS

Dividend Payment to Govt. of India by PDIL for FY 2018-19

 

New Delhi: In a brief ceremony held in Ministry of Chemicals & Fertilizers, Shastri Bhawan, New Delhi, on 22.10.2019, Hon’ble Minister (Chemicals & Fertilisers) Sh  D V Sadanand Gowda Ji was  presented Cheque of Rs 11.80 crore  for  “Dividend, highest ever, for the year 2018-19”  by Sh Partha Sarthi  Sen Sharma (IAS), CMD, PDIL in presence of Hon’ble Minister of State (Chemicals & Fertilizers) Sh Mansukh L Mandaviya and Secretary (Fertilizers), Sh Chhabilendra Roul (IAS). Senior Officials of  Department of Fertilisers (DoF)  and  PDIL were also present on the Occasion.
 
Projects & Development India Ltd (PDIL) is a Mini Ratna Category-I, Engineering-Consultancy PSU under Department of Fertilizers (DoF), Ministry of Chemicals & Fertilizers, Government of India.  PDIL achieved record Financial performance during FY 2018-19 including  highest ever Profit after Tax (PAT) of ? 30.36 crore, highest ever Turnover of ?131.50 crore, highest ever Revenue from Operations of ?116.50 crore, apart from paying  highest ever Dividend to Govt. of India of ? 11.80 crore. 
 
PDIL provides entire gamut of concept to commissioning Engineering- Consultancy services for Fertilizers Projects and Non-Fertiliser Projects in diversified areas such as Refinery, Oil & gas, Pipelines, Infrastructure etc. PDIL is presently executing prestigious Ammonia-Urea Fertilizer Projects of M/s Hindustan Urvarak & Rasayan Ltd (HURL) at Gorakhpur (UP), Sindri (Jharkhand) and Barauni (Bihar) and also other Work Orders in Fertilizers and Non-Fertilizers Sector.
 


Posted Date :  22-10-19

Categories : PSU NEWS

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