Finance

Dr. Pramod Sawant Chairs EDC Limited Board Meeting; ₹77 Crore Profit Before Tax Approved for FY 2024-25


Chief Minister Dr. Pramod Sawant chaired the 405th Board Meeting of EDC Limited, reinforcing the government’s commitment to transparency, accountability, and performance in public sector undertakings.

At the meeting, the Board approved the Consolidated Accounts for the Financial Year 2024-25. EDC Limited reported ₹137 crore in revenue and ₹60 crore in expenses, resulting in a Profit Before Tax of ₹77 crore. This strong financial performance underscores the effective governance and strategic financial management employed under the leadership of Dr. Sawant and the Board.

The profitability of EDC Limited is a testament to its significant role in promoting entrepreneurship, industrial development, and financial support in the state of Goa. These results not only reflect sound fiscal discipline but also the broader vision of sustainable and inclusive economic growth envisioned by the government.

Dr. Pramod Sawant continues to lead from the front, ensuring that institutions like EDC Limited contribute meaningfully to the state’s development goals and economic self-reliance.