Thiruvananthapuram, April 15 -- Kerala SIDCO, a public sector undertaking under the Industries Department, hs achieved a historic achievement last financial year by doubling its operating profit and taking its turnover to a nine-year high of Rs 238 crore.
SIDCO achieved an operating profit of Rs 2.83 crore in 2024-25. The previous financial year had a turnover of Rs 202 crore and an operating profit of Rs 1.41 crore.
The fact that SIDCO was able to achieve a turnover of over Rs 200 crore for the third consecutive year by effectively implementing the industry-friendly policy of the State Industries Department will be an inspiration and encouragement to MSME units, said Industries Minister P. Rajeeve.
The minister also said that SIDCO's ac...