KSDL's Record-Breaking Dividend: A Success Story

Karnataka Soaps and Detergents Limited (KSDL) paid a record Rs 135 crore dividend to the state government for FY 2024–25. With a turnover of Rs 1,700 crore and a profit of Rs 451 crore, KSDL's profits have seen remarkable growth, reflecting a heightened financial performance over previous years.

Karnataka Soaps and Detergents Limited (KSDL) has made headlines by delivering a record-breaking dividend of over Rs 135 crore to the state government for the financial year 2024–25.

The financial boost came in the wake of a significant turnover of Rs 1,700 crore, accompanied by a profit margin of Rs 451 crore achieved by KSDL. This marks a landmark financial year for the company.

In an official statement, Minister M B Patil highlighted the upward trajectory, noting that last year's dividend stood at Rs 108 crore, signifying a noteworthy increment of Rs 27 crore this year. The trend is anticipated to continue rising.

(With inputs from agencies.)