Thursday, June 23, 2016

Cochin Airport recommends 25 per cent dividend

Thiruvananthapuram : The board of the Cochin International Airport Limited (CIAL), country's first greenfield airport in the public-private-partnership model, on Thursday has recommended a dividend of 25 per cent for fiscal 2015-16.
Chief Minister Pinarayi Vijayan chaired the meeting held here. The dividend of 25 per cent recommended this time is up from 21 per cent paid out in 2014-15 and 18 per cent in 2013-14. In the last fiscal, CIAL had a turnover of Rs 525 crore up from Rs 413.96 crore in 2014-15 and profit after tax also went up from Rs 144.58 crore to Rs 175 crore.
23/06/16 New Kerala

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