Cochin Airport registers growth

Cochin International Airport has registered a 16 per cent growth in its net profit at 144.58 crore in FY-15. The total revenue showed a 14.55 per cent increase at 1,413.96 crore compared to 1,361.39 crore, given by the constant efforts of business diversification across both aviation and non aviation verticals. The board also recommended a dividend of 21 per cent. The company has been showing consistent growth since its inception and paying dividend unfailingly since 2003-04 and the total pay-out dividend has reached 132 per cent in the last fiscal. Contact: Cochin International Airport. Website: www. cial.aero