NHIIDCL(National Highways and Infrastructure Development Corporation Limited ) a CPSE under the Union Ministry of Road, Transport and Highways declares financial results showing increase in value of work executed from Rs 14953 crore in 2021-22 to Rs 19309 crore in 2022-23 with increase of 42.61%, the revenue has increased from ₹ 332.53 crore.
The company’s dividend payout rose from ₹34.00 crore in FY 2020-21 to ₹67.47 crore in FY 2022-23, which amounts to ₹6.55 per share (with a face value of ₹10). This increase in dividends shows the company’s aim to give back value to its shareholders and highlights its careful financial management. It demonstrates the company’s commitment to long-term success in building roads and infrastructure, particularly focusing on the North East Region, Ladakh, Jammu, and Kashmir.
