Tuesday, September 22, 2015

AAI pays Rs 294 crore interim divided for fiscal year end

New Delhi: Airports Authority of India (AAI) today said it has paid an interim dividend amounting to Rs 294 crore to the government for the fiscal year ending March 31.

The interim dividend has been paid after the national airports operator posted a net profit of Rs 1,959 crore in the April-March fiscal of 2014-15, AAI said in a release.

A cheque of Rs 294 crore was presented today to Minister of Civil Aviation Ashok Gajapathi Raju by the AAI chairman R K Srivastava towards interim dividend for FY15, a release said.

AAI has declared a dividend of Rs 391.85 crore for the fiscal 2014-15, it said.

Revenue during the period rose by 13.67 per cent to Rs 9,285 crore as compared to Rs 8,170 crores, it said.
21/09/15 PTI/Economic Times
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