Fri Nov 07 17:39:09 UTC 2025: Summary:

The Karnataka State Marketing Communication and Advertising Limited (KSMCA), a government-owned advertising agency, presented a special dividend of ₹30.71 crore to the Karnataka state government. While officials praised the company’s profitability, concerns were raised about a decline in turnover due to the loss of the Excise Security Label business. A plea was made to reinstate this business and to include KSMCA in state digitalization initiatives with increased financial support.

News Article:

Karnataka Government Receives ₹30.71 Crore Dividend from KSMCA Amid Concerns Over Turnover

BENGALURU – The Karnataka State Marketing Communication and Advertising Limited (KSMCA) delivered a significant boost to the state treasury on Thursday, presenting a special dividend of ₹30.71 crore to Chief Minister Siddaramaiah. The handover was formalized by Minister for Large and Medium Scale Industries and Infrastructure Development, M.B. Patil, and KSMCA Chairman Satish Krishna Sail, MLA for Karwar Assembly Constituency.

While acknowledging KSMCA’s profitable growth trajectory, Minister Patil expressed concern over a recent decline in turnover and profitability, primarily attributed to the loss of the Excise Security Label printing and sales business. He urged the Chief Minister to consider reinstating this segment to revitalize the company’s economic standing.

Chairman Sail echoed these sentiments, appealing for KSMCA’s inclusion in the state’s ongoing digitalization initiatives. He specifically requested an increase in the 4G exemption amount, arguing it would empower the company to play a more significant role in Karnataka’s digital transformation.

The event, held in Bengaluru, underscored the government’s reliance on its advertising agency, while also highlighting the need for strategic adjustments to ensure KSMCA’s continued success in a rapidly evolving market landscape.

Read More