NIC Asia Capital Declares 50% Cash Dividend, Achieves Rs. 11.64 Crore Profit in FY 2081/82
Summary
NIC Asia Capital Limited declared a 50% cash dividend and reported Rs. 11.64 crore profit for FY 2081/82, with significant growth in revenue and operational achievements.
Key Points
- NIC Asia Capital Limited held its 9th AGM and approved a 50% cash dividend for FY 2081/82.
- The company earned over Rs. 30.6 crore in revenue and Rs. 11.64 crore net profit during the fiscal year.
- Operational highlights include opening 8 lakh Demat accounts and managing Rs. 5.45 billion through mutual funds.
- NIC Asia Capital provided a total return of 290% to shareholders including the proposed dividend.
