3 weeks ago
Cochin International Airport FY26 profit surpasses Rs 500 crore
An airport is like a big house for airplanes.
This airport is in Kochi, India, and it is called Cochin International Airport.
The people who run it announced that they made a lot of money this year.
They earned more than ever before, 502 crore rupees, which is a very big amount.
Last year they earned a little less, 499 crore rupees.
More than one crore people traveled through this airport during the year.
That is the fourth year in a row with such a large number of passengers.
The airport also wants to start a new business giving advice to other airports.
This is because India plans to spend over 50,000 crore rupees building and improving airports in the future.
The company also wants to give some of its profit to the people who own part of it.
CIAL reported FY26 total revenue of Rs 1,220 crore, a 6.6 per cent year-on-year growth.
Net profit rose from Rs 499 crore in FY25 to Rs 502 crore in FY26, the first time it crossed Rs 500 crore.
The board recommended a 55 per cent dividend for shareholders for FY 2025-26, subject to approval at the Annual General Meeting.
The airport handled 1,14,42,583 passengers and 73,134 aircraft movements, retaining its one crore-plus passenger milestone for a fourth consecutive year.
The board approved entering the airport consultancy business, with over Rs 50,000 crore in investments expected in India's airport sector over the next decade.
- Who
- Cochin International Airport Limited (CIAL), whose board met for the first time under the chairmanship of Kerala Chief Minister V D Satheesan; ministers P K Kunhalikutty and Roji M John joined as directors.
- What
- CIAL reported its first annual net profit above Rs 500 crore (Rs 502 crore), recommended a 55 per cent dividend, and approved entry into the airport consultancy business.
- Where
- Kochi, Kerala, India.
- When
- Announced on Saturday, August 8, for the financial year ended March 31, 2026.
- Why
- Higher revenue of Rs 1,220 crore and sustained passenger traffic, along with plans to capitalise on India's expanding aviation infrastructure.
Key facts
- Total Revenue (FY26)
- Rs 1,220 crore
- Year-on-Year Revenue Growth
- 6.6%
- Net Profit (FY26)
- Rs 502 crore (first time above Rs 500 crore)
- Net Profit (FY25)
- Rs 499 crore
- Recommended Dividend
- 55% for FY 2025-26, subject to AGM approval
- Passengers Handled (FY26)
- 1,14,42,583
- Aircraft Movements (FY26)
- 73,134
- Expected Investment in India's Airport Sector
- Over Rs 50,000 crore in the next decade
Quotes
Cochin International Airport Limited
CIAL, the operator of Cochin International Airport
“For the financial year ended March 31, 2026, CIAL reported a total revenue of Rs 1,220 crore, registering a 6.6 per cent year‑on‑year growth. Net profit increased from Rs 499 crore in FY25 to Rs 502 crore in the previous financial year, making it the first time the airport operator to record an annual profit exceeding Rs 500 crore”
theprint.in
Sources
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