KIOCL, a Government of India Enterprise, has paid a final dividend of Rs 10.68 crore to the central government for the year 2010-11.
Mr K. Ranganath, CMD, KIOCL Limited, handed over a cheque to Mr P.K. Mishra, secretary, Ministry of Steel, at New Delhi, on August 8. The company has paid Rs 15,70,03,603 as total dividend including the interim dividend paid to central government during January, 2011.
The Company has posted a net profit of Rs 76.27 crore during the financial year, ie, 2010-11.