News

SIS Consolidated March 2022 Net Sales at Rs 2,648.01 crore, up 8.29% Y-o-Y

Net Sales at Rs 2,648.01 crore in March 2022 up 8.29% from Rs. 2,445.21 crore in March 2021. Quarterly Net Profit at Rs. 97.38 crore in March 2022 down 4.75% from Rs. 102.23 crore in March 2021. EBITDA stands at Rs. 129.31 crore in March 2022 down 72.67% from Rs. 473.15 crore...


SIS crosses Rs 10,000 crore annual revenue mark for the first time

SISโ€”the private security industry companyโ€”has reported consolidated revenue for FY22 at Rs 10,059 crore. The FY22 operating PAT of SIS stood at Rs 288.6 crore, which is 49.1% up year-on-year, and it also reported highest-ever quarterly revenue of Rs 2,648 crore. โ€œThis industry was least impacted due to lockdowns and amongst...


India is one of the most exciting places for the Private Security Industry

BW Security World Presents โ€˜Outstanding Security Performance Summit & Awards India 2020โ€™. Amid the biggest gathering of Security Industry leaders. a panel discussion was held to deep dive into the Security Industry.The topic for panel discussion is Security Industry: Key to productive and secure India. Why Security Industry and government...


MS Dhoni Included In Defence Ministry Panel On NCC

Former India captain Mahendra Singh Dhoni and industrialist Anand Mahindra were on Thursday named in a 15-member panel constituted by the defence ministry to carry out a comprehensive review of the National Cadet Corps (NCC) in order to make it more relevant. (More Cricket News) The committed headed by former lawmaker...


1 Cr jobs at stake: FICCI panel seeks aid for outsourced Services Sector

1 Cr jobs at stake: FICCI panel seeks aid for outsourced Services Sector New Delhi, April 13 (IANS). The FICCI Committee on Private Security Industry has sought relief measures such as wage subsidy and GST relief from the Centre for the outsourced services sector which includes Private Security and Facility...


SIS India says Omicron hasnโ€™t impacted its revenues, open to acquisitions

Security services firm looks at inorganic growth through acquisitions, SIS chief Omicron has not had much of an impact on revenues in January and they continue to be at December levels. The pipeline for February also looks strong, says Rituraj Sinha, Group Managing Director, SIS India is the largest Security...


SIS bags Rs 225 crore contract from Coal India arm Mahanadi Coalfields

New Delhi: SIS on Tuesday said it has bagged a project worth Rs 225 crore to provide Security Solutions to Coal India-arm MCL. As part of the contract, SIS will deploy Security personnel in different categories to provide Security Services across 18 sites of Mahanadi Coalfields Ltd (MCL) at Sambalpur,...


SIS profit rises to Rs 101 crore in Q3

New Delhi, Feb 3 (PTI) Security and Intelligence Services (SIS) on Thursday reported a marginal increase in net profit at Rs 101 crore for the third quarter ended December 2021. The company, which is into facility management, security and cash logistics, had posted a net profit of Rs 99 crore...


Bihar’s Rituraj Sinha among 15 gems of Modi government

Patna: The Modi government has constituted a 15-member high-level expert committee on nation building and development in the country. A total of 15 people have been given place in this committee. The Modi government has given great responsibility to these faces coming from different regions. It is a matter of pride...


Private security agencies want skilled people, lesser GST

At industry body Ficciโ€™s Private Security Industry (PSI) Conclave-2018 which began on Friday, the personal security sector urged the government to increase its focus on the sector, amid rising crimes and unemployment. Inaugurating the event, Shiv Pratap Shukla, Minister Of State for Finance, said the government was actively considering the industry...