Thursday, October 02, 2014

CIAL Dividend Handed over to State Govt

Thiruvananthapuram: The Cochin International Airport Ltd (CIAL) has handed over a dividend of Rs 17.76 crore to the State Government. CIAL recorded a total revenue of Rs 361.39 crore during 2013-14.

Handing over the cheque to Chief Minister Oommen Chandy on Wednesday, Minister K Babu, who is also the director of CIAL, said that CIAL was able to return 132 per cent of the government investment as dividend for the last financial year.
02/10/14 New Indian Express
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