TCIL achieves standalone PAT of Rs527.70 million in 2020-21

Sanjeev Kumar, Chairman & Managing Director, Telecommunications Consultants India Ltd. (TCIL) presented a dividend cheque of Rs211.10 Million to K. Rajaraman, Chairman DCC &Secretary, Department of Telecommunications.

In 2020-21, TCIL achieved standalone revenue and profit after tax of Rs17492.90 Million and Rs527.70 Million respectively.

Since its inception, TCIL has been a profit-making Company continuously. The company has paid a dividend of Rs2678.60 Million to Govt. till 2020-21 on the Government’s initial investment in the equity of Rs3 Million. Rs160 Million was further infused during 2015-16. The group and standalone net worth of the company are Rs9595.1 Million and Rs6111 Million respectively as on 31st March, 2021.

TCIL established in August, 1978, is a Mini Ratna Category — I Status Company under the Ministry of Communications, Department of Telecommunications. Government of India holds 100% of its share capital. TCIL is a prime engineering and consultancy company. TCIL undertakes projects in all field of Telecommunications, IT and Civil construction in India and abroad. TCIL has executed projects in over 70 countries across 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, Telengana Fiber, BBNL VSAT and Eklavya School.