/

Dasara gift to SCCL employees: KCR announces 30% profit share

29-09-2022 Thu 09:55
Dasara gift to SCCL employees: KCR announces 30% profit share

Hyderabad, September 29: Chief Minister K Chandrashekar Rao had announced 30% share of Singareni Collieries Company Limited’s (SCCL) 2021-22 profits to its employees as bonus. He ordered SCCL Chairman and Managing Director N Sridhar to give the amount to the staff before Dasara festival.
 
SCCL had achieved Rs 26,607 crore turnover in 2021-22. The CMD said that the company had earned Rs 1,722 crore profits before tax.  It was Rs 1,227 crore after paying tax. He said that the company paid Rs 3,596 crore to Central and State governments as taxes in 2021-22. 
 
The CMD said that the CM has increased the profit share by one per cent more than last year. The staff will get Rs 368 crore as their share, which will be paid to about 44,000 employees on October 1. 



More English News
BJP set to break own records in Gujarat Assembly polls
Alert in south coastal Andhra for cyclone 'Mandous'
LIC can be converted into composite insurer merging 4 PSU general insurers with it
BJP leads in Gujarat, tough fight with Congress in Himachal
Injured Rohit ruled out of final ODI against Bangladesh, to consult expert ahead of Tests
Musk briefly loses world's richest man's title to Bernard Arnault
IND vs BAN, 2nd ODI: Rohit Sharma becomes first Indian to hit 500 sixes in international cricket
Telangana poachgate: SIT challenges ACB court order in HC
IND v BAN, 2nd ODI: Shreyas, Axar, Rohit fifties go in vain as India lose to Bangladesh by 5 runs
Pawan Kalyan ready for electoral battle with 'Varahi'
Jagan calls BCs 'backbone classes' at massive outreach conclave
ED finds Andhra hospital diverted money collected from Covid patients
Sitharaman, Harris among Forbes' 100 most powerful women
IND v BAN, 2nd ODI: Mehidy's 83-ball unbeaten hundred, Mahmudullah's 77 carry Bangladesh to 271/7
CPI march to Raj Bhavan in Hyderabad demanding abolition of governor's post
..more