BENGALURU: The public sector enterprise Karnataka Soaps and Detergents Limited on Friday handed over Rs 135 crore to the State Government as dividend from its profits for the financial year 2024–25.
On behalf of the public limited enterprise, Large and Medium Industries Minister M.B. Patil and Karnataka Soaps and Detergents Limited Chairman Appaji Nadagouda presented the cheque to Karnataka Chief Minister Siddaramaiah at the Conference Hall of Vidhana Soudha.
Speaking on the occasion, Minister Patil said that Karnataka Soaps and Detergents Limited had achieved a turnover of Rs 1, 700 crore and recorded a profit of Rs 451 crore in the last financial year. In line with regulations, 30 per cent of the profit has been paid to the government as dividend.