IFCI Ltd. Pays 10% Interim Dividend to the Government; CEO & MD,IFCI Presents a Dividend Cheque of Rs.92.30 Crore to Shri Arun Jaitley, Finance Minister
This interim dividend is of Rs.1 per equity share of Rs.10 each for the Financial Year 2015-16. In the Financial Year 2014-15, 15% dividend has been paid by the Company.
As per the financial performance for the 9 months period ending December 31, 2015, as reported by IFCI Ltd., it earned a net profit of Rs.438 crore during this period and its Business Assets have grown to Rs. 34,715 crore as on December 31, 2015 from Rs.29,458 crore a year ago. Its Debt Equity Ratio stands at 4.4% and Capital Adequacy Ratio was 17.6% against the regulatory requirement of 15%.