NEDFi reports rise in profit for FY24 by 14.19% to Rs 132.37 crore from Rs 115.92 crore

Northeastern Development Finance Corporation Limited (NEDFi) reported a 14.19% increase in gross profit to Rs 132.37 crore for FY 2023-24. Net profit rose by 25.25% to Rs 100.20 crore. The corporation's financial assistance extended to nearly 20,000 projects, and the Board declared an 8% dividend for the year.