
Cochin International Airport's net profit hit ₹502 crore in FY26, crossing the ₹500 crore mark for the first time, as passenger traffic topped 1.14 crore. The company also plans to enter airport consultancy, targeting a sector expected to see ₹50,000 crore of investment over the next decade.
Cochin International Airport Ltd. said net profit crossed ₹500 crore for the first time in FY26, driven by a 6.6% rise in revenue to ₹1,220 crore. The airport operator reported a profit of ₹502 crore for the year ended March 31, up from ₹499 crore in FY25, according to a company statement Saturday.
"For the financial year ended March 31, 2026, CIAL reported a total revenue of ₹1,220 crore, registering a 6.6 per cent year-on-year growth. Net profit increased from ₹499 crore in FY25 to ₹502 crore in the previous financial year, making it the first time the airport operator to record an annual profit exceeding ₹500 crore," the company said.
Passenger traffic underpinned the gain. CIAL handled 1,14,42,583 travellers during the year, with 73,134 aircraft movements. It marked the fourth consecutive year the airport served more than one crore passengers, a streak the company attributed to sustained demand growth.
The board, meeting for the first time under Chief Minister V D Satheesan as chairman, approved a push into airport consultancy. CIAL plans to offer services spanning master planning, runway development, cargo infrastructure, ground handling, duty-free operations, commercial development and real estate management. The company said it aims to tap into an expected ₹50,000 crore of investment in India's airport sector over the next decade.
"The proposed consultancy portfolio will encompass airport master planning, runway development, cargo infrastructure, ground handling services, duty-free operations, commercial development and real estate management," CIAL said, adding that the move draws on its operational and development expertise built over years.
New board members include Minister for Commerce, Industry and IT P K Kunhalikutty and Minister for Higher Education Roji M John. The state government's direct involvement on the board could help CIAL win consulting mandates as India expands its airport network, a segment dominated by state-owned agencies and international firms.
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