Cochin International Airport Ltd has released its financial result for FY2022-23

11 September 2023

The substantial increase in revenue by 87% can be attributedto the impressive growth of non-aero income, collection of User Development Fee (UDF) and theincrease in aeronautical tariffs as per the approved tariff card by the Airports Economic RegulatoryAuthority (AERA). In the current fiscal year, the Company has experienced an exceptional surge inprofits, reaching the highest level ever recorded in the history of CIAL. This year, we have achieveda remarkable profit of Rs. 265.08 crores. This surpasses our previous highest profit of Rs. 215.12crores earned in the year 2019 - 20.