Kochi: Cochin International Airport Ltd has posted a 11.68 per cent growth in net profit at ?124.42 crore in the 2013-14 fiscal. The board of directors has recommended a dividend of 18 per cent.
The company has also increased its total revenue margin by 17.9 per cent during the period to touch ?361.39 crore.
A press statement issued here said diversification into other sectors has helped garner more business, with 45 per cent of revenue being generated from the non-traffic sector. The airport has shown consistent growth in both passenger traffic and cargo movement.
27/06/14 Business Line
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The company has also increased its total revenue margin by 17.9 per cent during the period to touch ?361.39 crore.
A press statement issued here said diversification into other sectors has helped garner more business, with 45 per cent of revenue being generated from the non-traffic sector. The airport has shown consistent growth in both passenger traffic and cargo movement.
27/06/14 Business Line
