Goa EDC Records Strong FY25-26: ₹94 Cr Revenue, Record Low 0.30% NPA Under CM’s Chairmanship
Panaji: Chief Minister, Dr. Pramod Sawant chaired the 408th Board Meeting of EDC Limited, where several important policy decisions aimed at strengthening Goa’s industrial, MSME and entrepreneurial ecosystem were taken at EDC House. The Board sanctioned term loans and approved the Accounts for FY 2025–26, with EDC posting a revenue of ₹94 Crores and Profit Before Tax of around ₹68 Crores, while maintaining an exceptionally low NPA of just 0.30%. Complimented the officers and staff of EDC for this commendable financial performance.
The Board also reviewed key initiatives including the Easy Exit Scheme for CMRY borrowers, loan schemes for solar and renewable energy projects, & Working Capital Term Loan Scheme.
Loading ...