KSIIDC hands over ₹143 crore dividend to government of Karnataka
The Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has paid a dividend of ₹143.12 crore to the Karnataka state government. This payment follows a strong fiscal performance where the corporation recorded a net profit of ₹188.41 crore for the 2024-25 period.
Why it matters
It highlights the financial health of state-owned enterprises and their ability to contribute to government revenue through dividends.
Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has given a dividend cheque of ₹143.12 crore to the State Government.
The article reports on a factual financial transaction between a state corporation and the government without emotive language or political commentary.
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