Rajasthan Electronics & Instruments Limited a “MINI RATNA” Public Sector Enterprise under the Ministry of Heavy Industry & Public Enterprise, Government of India, declared 20% dividend to its Share Holders for the year 2013-14, in its 32nd Annual General Meeting held on 19th September, 2014.
On this occasion MD REIL, Shri A.K. Jain presented statistics for the year 2013-14, which emphasized that the net worth of the Company has increased by 15% from Rs.71.58 Crore to Rs.82.71 Crore, with a record order booking of Rs. 271.77 Crore. The Company has earned a profit of Rs.19.88 Crore on a turnover of Rs. 217.25 Crore.
Ms. Veenu Gupta, Chairman, REIL stated that Company is maintaining sustained growth & profitability with innovative solutions, harmonious industrial relations and the continuous support of valued customers. Company will scale greater heights in the days to come. She expressed her sincere appreciation and thanks to the Employees, Business Associate, Valued Customers and Share Holders.
On this occasion Shri Jain also stated that in the year 2013-14 company has entered in providing substantial off-grid Solar power solution offerings, in large number of BPL housing schemes, in a project mode in the state of Uttar Pradesh and in collaborative mode in the state of Tamil Nadu. In the dairy sector, in order to address the long felt need to measure the harmful adulteration like salt, urea, detergent etc. in the milk, the company has successfully offered completely indigenous and cost effective solution of Electronic Milk Adulteration Tester (EMAT).