Press Information Bureau
Government of India
Ministry of Water Resources
03-September-2012 17:42 IST
WAPCOS Presents Dividend Cheque to Minister of Water Resources
Union Minister of Water Resources and Parliamentary Affairs, Shri Pawan Kumar Bansal received the Dividend Cheque of Rs. 10.5 crore from WAPCOS for the year 2011-12 at a function in New Delhi today. Minister of State for Water Resources and Minority Affairs, Shri Vincent H. Pala and Secretary, Water Resources, Shri Dhruv Vijai Singh were also present on the occasion. The Cheque was presented by CMD of WAPCOS, Shri R. K. Gupta. The dividend amount is the highest ever since the inception of WAPCOS in1969.

WAPCOS has also issued Bonus Share worth Rs. 500 lakh. During the year 2011-2012, the Net-worth of the company increased by 30.93%, Gross Sales by 38.32%, Profitability by 53.86%, as compared to the year 2010-2011. Company has also secured new businesses in countries like Afghanistan, Bangladesh, Bhutan, Cambodia, Central African Republic, Chad, DR Congo, Ethiopia, Kenya, Lao PDR, Mozambique, Myanmar, Nepal, Nigeria, Rwanda, Senegal, Sierra Leone, Tanzania, Uganda, Yemen and Zimbabwe