KSIIDC pays Rs 143 crore dividend to Karnataka govt; FY25 profit at Rs 188 crore: MB Patil

Bengaluru: The Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has paid a dividend of over Rs 143 crore to the Karnataka government from its profits for FY25, industries minister MB Patil said on Monday.

Patil handed over the dividend cheque to chief minister DK Shivakumar at Bengaluru on behalf of KSIIDC. The corporation also contributed Rs 3 crore to the chief minister's relief fund, the industries department said in a statement.

KSIIDC reported a net profit of over Rs 188 crore after tax in FY25. In addition, it earned Rs 19 crore as special dividend income in FY26. In line with state government norms, 30% of the dividend amount has been transferred to the government, Patil said.


The corporation generated income from its investments in companies including Mysore Sales International and Hutti Gold Mines Company, among others, said the statement.

Patil said the performance of state-owned enterprises has remained strong over the past three years, adding that it was encouraging to see public sector enterprises sustain profitability and generate returns for the government.

KSIIDC managing director Khushboo Goel and executive director Chidanand were present on the occasion.