Indian airports' revenues to rise next fiscal year

23 Mar 2023 CW Team

According to aviation consultancy CAPA India on Wednesday, Indian airport operators are expected to post a 26% increase in revenues at USD 3.9 billion in the upcoming fiscal year. When giving the prognosis for the airports, it stated that total air passenger traffic, including domestic and international, is anticipated to be 395 million in 2023–2024.

Domestic air travellers will increase this fiscal year from 275 million to 320 million of the total. The number of passengers flying internationally will rise from 58 million to 75 million throughout this time.

According to CAPA India, domestic airport traffic in India is anticipated to reach 700 million travellers and international airport traffic to reach 160 million travellers by FY2030.

According to the report, Indian airports will earn USD 3.9 billion more in the upcoming fiscal year than was predicted for 2022–2023.

At the CAPA India Aviation Summit, the perspective was provided. The health of airports was severely impacted by the pandemic, according to Stefano Barconi, Director General of ACI Asia Pacific, and air passenger volume is still recovering.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..