AAI's Record Profit: Rs.50 Bn in 2023-24

05 Apr 2024 CW Team

The Airports Authority of India (AAI) has achieved a historic milestone by posting its highest-ever profit of ?50 billion in the fiscal year 2023-24. This significant accomplishment underscores the AAI's robust financial performance and effective management strategies amidst challenging economic conditions.

The record-breaking profit reflects the AAI's relentless efforts to enhance operational efficiency, optimise resources, and capitalise on emerging opportunities in the aviation sector. Despite facing various headwinds, including the impact of the COVID-19 pandemic on air travel, the AAI has demonstrated resilience and adaptability in achieving remarkable financial success.

The substantial profit generated by the AAI is expected to have positive implications for the development and expansion of India's aviation infrastructure. It provides a strong financial foundation for undertaking crucial infrastructure projects, modernising existing airports, and enhancing passenger amenities across the country.

The AAI's unprecedented profit also signifies its pivotal role in driving the growth and sustainability of the aviation industry in India. As a key stakeholder in the sector, the AAI plays a crucial role in facilitating air travel, promoting regional connectivity, and supporting economic development nationwide.

Looking ahead, the AAI remains committed to furthering its mission of providing world-class airport infrastructure and services while maintaining profitability and financial stability. With a strong financial performance in 2023-24, the AAI is well-positioned to continue its contribution to the growth and progress of India's aviation sector.

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..

Sinoboom Launches Dual-ETM Smart Technology

Sinoboom recently introduced its Dual-ETM Smart Technology at CONEXPO-CON/AGG 2026, designed to enhance battery endurance and operational efficiency in electric boom lifts.The new technology integrates advanced components that enable real-time optimisation of power usage during equipment operation. By calculating the precise power requirement instantly, the system delivers only the energy needed for each movement, reducing the inefficiencies associated with conventional maximum-demand power systems.The solution incorporates multiple sensors—including pressure, weight, length and level sensor..