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KSIIDC hands over ₹143 crore dividend to government of Karnataka
Image source: thehindu.com

GK and monthly revision

KSIIDC hands over ₹143 crore dividend to government of Karnataka

The Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has handed over a dividend of ₹143 crore to the Karnataka government, reflecting its robust financial performance. The Minister for Large and Medium Industries, M.B. Patil, announced that KSIIDC achieved a net profit of ₹188.41 crore for the fiscal year 2024-25 after tax. This financial contribution is significant as it supports the state's budget and development initiatives, showcasing the role of public enterprises in state revenue generation.

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