The Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has transferred ₹143.12 crore in dividends to the state government, underscoring the entity's sustained financial performance.
Large and Medium Industries and Infrastructure Development Minister M.B.
Patil presented the cheque to Chief Minister D.K.
Shivakumar at Vidhana Soudha in Bengaluru on Monday.
The payment represents a 30 percent payout ratio, reflecting the corporation's strong profit generation over the fiscal year.
This distribution marks the third consecutive year that KSIIDC has reported record profitability, highlighting the effectiveness of its asset monetization and industrial park development strategies in a competitive infrastructure landscape.