New Delhi: State-run Coal India (CIL) on Friday handed over a Rs 5,400 crore dividend cheque to the government for the ongoing fiscal.
"CIL presented Rs 5,400.49 crore as dividend to the Government for the year 2011-12," an official statement said. The acting Chairman and Managing Director of CIL Zohra Chatterji presented the dividend cheque to the Coal Minister Sriprakash Jaiswal, it said.
"CIL has made a substantial profit of Rs 10,774.79 crore during 2011-12, till December, 2011. It declared total interim dividend of Rs 6,000.55 crore for the period with turnover of about Rs 42,996.44 crore," it added.
Earlier, the PSU had proposed to pay a dividend of Rs 5,684.73 crore to the government for 2011-12.
Coal India had paid a dividend of Rs 2,217 crore to the government for fiscal 2010-11, Rs 2,210 crore for 2009-10 and Rs 1,705 crore for 2008-09.
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