
India's first airport built under a PPP model posted net profit of ₹502 crore on revenue of ₹1,220 crore. The board approved a dividend of 55% and a move into airport consultancy as the sector expects ₹50,000 crore in investment this decade.
Cochin International Airport Ltd (CIAL) reported its highest-ever net profit of ₹502 crore for the fiscal year ended March 31, the company said in a release. Total revenue rose 6.6% to ₹1,220 crore.
The board, meeting for the first time under Chief Minister V.D. Satheesan as chairman, recommended a 55% dividend for shareholders.
Profit edged up from ₹499 crore a year ago. The airport handled 1.14 crore passengers in FY26, marking the fourth consecutive year above the one-crore mark, across 73,134 aircraft movements.
A key decision was CIAL's entry into airport consultancy. With more than ₹50,000 crore in investment expected in India's airport sector over the next decade, the company plans to offer services in master planning, runway development, cargo infrastructure, ground handling, duty-free operations, and real estate management, drawing on its own development experience, the release said.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.