New Delhi: Sanjeev Kumar, Chairman and Managing Director, Telecommunications Consultants India Ltd (TCIL), presented a dividend cheque of Rs 12.13 crore to K Rajaraman, Chairman DCC and Secretary, Telecom.
Since its inception, TCIL has been a profit making company continuously. TCIL has paid a dividend of Rs 279.99 crore to the government till 2021-22 on the government’s initial investment in equity of Rs 0.3 crore. Rs 16 crore was further infused during 2015-16. The group and standalone net worth of the company are Rs 1527.24 crore and Rs 612.78 crore respectively as on 31st March, 2022.
In 2021-22, TCIL achieved standalone revenue and profit after tax of Rs 1581.18 crore and Rs 30.33 crore respectively.
TCIL established in August, 1978, is a Mini Ratna Category – I Status Company under the Ministry of Communications, Department of Telecommunications. The Government of India holds 100 per cent of its share capital.
TCIL is a prime engineering and consultancy company. TCIL 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.
The company is also executing high value Govt. of India prestigious projects of Rural ICT for Department of Posts, Defence, Navy OFC Projects, APSFL, Telangana Fiber, BBNL VSAT and Eklavya School. /BI/
