NEW DELHI: EdCIL Limited, a Public Sector Undertaking, working under the Ministry of Education, has paid an annual profit of Rs 11.5 Crore for the year 2020-21. EdCIL offers management and consultancy services in all areas of education and human resource development, both within India and overseas.
The company registered a turnover of Rs. 332.83 Crore (highest ever turnover) and Profit After Tax(PAT) of Rs. 36.89 Crore during the year 2020-21.
Dr. Subhas Sarkar, Minister of State for Education, has received the cheque from Manoj Kumar, CMD EdCIL, in the presence of Rakesh Ranjan, Additional Secretary (TE), Pandey Pradeep Kumar, Deputy Secretary (TC) and other senior officials of the Ministry and EdCIL on 27th January 2022. EdCIL (India) Limited, a Mini Ratna Category-I CPSE of the Ministry of Education, Government of India, paid a dividend of Rs 11.5 Crore for the year 2020-21.
The Minister congratulated EdCIL on its being a continuous profit-making and dividend-paying organisation, which continued even during the pandemic. He further appreciated EdCIL for being a pioneer organisation in the country for advisory, consultancy, digital, and overseas education services.
He also expressed that the Skill Development Services vertical of EdCIL will result in the skill enhancement of the youth and act as a positive catalyst in terms of job creation. The Minister further wished EdCIL to achieve new heights.