Cochin Airport turnover touches Rs 1000 crore

Cochin Airport Achieves ₹1,000 Crore Turnover.

Expert Analysis:

• Total Income Growth: CIAL achieved a total income of ₹1,014.21 crore, a substantial 31.6% increase from ₹770.91 crore in the previous year.

• Profit Before Tax: Profit before tax surged to ₹552.37 crore, marking a 54.6% growth from ₹357.30 crore.

• Net Profit After Tax: Net profit after tax reached ₹412.58 crore, up 54.4% from ₹267.17 crore in the previous year.

• Future Development Plans: Expansion of the International Terminal is planned at an estimated cost of ₹560 crore, alongside constructing a commercial zone at ₹162 crore and extending the domestic terminal.