Cochin International Airport Limited (CIAL) has registered an impressive growth rate of 11.68 per cent in its profits rates to post a record profit of Rs. 124.42 crore during the fiscal 2013-14.
According to official estimates, the company’s gross profit stood at Rs. 157.46 crore while the total turnover was at Rs. 361.39 crore. Of this, 44.8 per cent of income (Rs. 161.99 crore) comes from non traffic sector.
The total revenue of the company during last financial year was at Rs. 306.5 crore with a profit after tax of Rs.111.41 crore.
28/07/14 Hiran Unnikrishnan/The Hindu
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According to official estimates, the company’s gross profit stood at Rs. 157.46 crore while the total turnover was at Rs. 361.39 crore. Of this, 44.8 per cent of income (Rs. 161.99 crore) comes from non traffic sector.
The total revenue of the company during last financial year was at Rs. 306.5 crore with a profit after tax of Rs.111.41 crore.
28/07/14 Hiran Unnikrishnan/The Hindu
