IFCI Ltd. Pays 10% Interim Dividend to the Government; CEO & MD,IFCI Presents a Dividend Cheque of ₹ 92.30 Crore to Shri Arun Jaitley, Finance Minister

Shri Malay Mukherjee, Chief Executive Officer & Managing Director, IFCI Ltd. handed-over  a Dividend Cheque of ₹ 92.30 crore, which is 10% interim dividend for 2015-16 towards 55.53% of GOI equity holding in IFCI, to Shri Arun Jaitley, Finance Minister, Government of India.

This interim dividend is of ₹ 1 per equity share of ₹ 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 ₹ 438 crore during this period and its Business Assets have grown to ₹ 34,715 crore as on December 31, 2015 from ₹ 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%.