3-Nov-2010 11:54 AM

Airports Authority of India's revenue, profit and dividend increase

Airports Authority of India (AAI) presented a dividend cheque of INR14.3 billion (USD322 million) to Civil Aviation Minister Praful Patel, who received it on behalf of the government, with the 2008/09 dividend amount increasing 3.7% year-on-year (PTI, 02-Nov-2010). During the last fiscal year, AAI earned a revenue of INR46.2 billion (USD1.0 billion), representing year-on-year growth of 10.2%. The profit before tax in 2009/10 was INR12.3 billion (USD277 million), a 10.0% year-on-year increase while profit after tax was INR7.1 billion (USD161 million) for year-on-year growth of 3.6%.