Shri Malay Mukherjee, Chief Executive Officer & Managing Director, IFCI Ltd. handed-over  a Dividend Cheque of ₹ 92.30 crore, which is 10% interim dividend for 2015-16 towards 55.53% of GOI equity holding in IFCI, to Shri Arun Jaitley, Finance Minister, Government of India.

This interim dividend is of ₹ 1 per equity share of ₹ 10 each for the Financial Year 2015-16. In the Financial Year 2014-15, 15% dividend has been paid by the Company.

As per the financial performance for the 9 months period ending December 31, 2015, as reported by IFCI Ltd., it earned a net profit of ₹ 438 crore during this period and its Business Assets have grown to ₹ 34,715 crore as on December 31, 2015 from ₹ 29,458 crore a year ago. Its Debt Equity Ratio stands at 4.4% and Capital Adequacy Ratio was 17.6% against the regulatory requirement of 15%.

Interim dividend payment returns government equity share proceeds after company reports improved assets and capital adequacy. IFCI Ltd. declared a 10% interim dividend (Rs.1 per share) for 2015-16, representing the government's 55.53% equity holding, and handed the dividend cheque to the Finance Minister. The company reported net profit for the nine months ending December 31, 2015, growth in business assets year on year, a Debt Equity Ratio below standard leverage concerns, and a Capital Adequacy Ratio above the regulatory requirement, which the company cites in support of the interim distribution.