REIL posted profit of Rs.
17.46 Crore in the Financial Year 2015-16
& Instruments Limited a “MINI RATNA” Public Sector
Enterprise under the Ministry of Heavy Industry & Public
Enterprise, Government of India, declared 41% dividend to
its Share Holders for the year 2015-16, in its 34rd
Annual General Meeting held on 19th September,
2016. The dividend declared is highest ever dividend to
shareholders & is doubled as compared to previous year's
On this occasion MD REIL, Shri A.K. Jain presented
statistics for the year 2015-16, which emphasized that the
net worth of
Company has increased by 7% from Rs. 94.44 Crore to Rs.
101.37 Crore and the Company has earned a profit before tax
of Rs. 17.46 Crore on a turnover of Rs. 213.42 Crore.
Shri Vaibhav Galriya,
Chairman, REIL stated that Company is maintaining
profitability with innovative solutions, harmonious
industrial relations and the continuous support of valued
customers. Company will scale greater heights in the days to
come. He expressed her sincere appreciation and thanks to
the Employees, Business Associate, Valued Customers and
On this occasion,
Shri Jain apprised that in line with commitment of “Make in
India” Company has enhanced manufacturing base by setting up
line for Electronic Milk Adulteration Tester. In Solar
business the Company has entered various MoU’s for Solar PV
Projects under National Solar Mission.