Solar-Powered Success! Cochin Airport FY24 Result Analysis - Should You Invest Now?
India's first fully solar-powered airport, Cochin International Airport FY24 Results are out.
Revenue – Increased by 30%, from ₹954.83 crore to ₹1,233.50 crore.
PAT – Profits have seen a 52.9% jump, crossing ₹200 crore!
EPS – Up by 25.8%, rising from 7.5 to 9.5, meaning investors are directly benefiting from the company’s profits.
Total Equity – Grew by 11.9%, from ₹2,115.56 crore to ₹2,367.20 crore.
Valuation – It’s trading at a PE of 87, which is quite overvalued compared to its peers.
Now look, the share price has already skyrocketed, so if the stock is available at half the current price, we might consider it for a new investment opportunity. Connect with us for more information @ 7065560002. You can also WhatsApp!
About Cochin International Airport Unlisted Shares:
Cochin International Airport Limited (CIAL) is the country's first public-private partnership-built greenfield airport. Its facilities and services comprise passenger facilities, accommodation, a shopping arcade, transportation, medical aid, and security services. The company also operates a center for handling perishable cargo; provides aircraft maintenance, repair, and overhaul services; and engages in the development of a golf course and a country club. In addition, it operates an aviation training institute for imparting training to pilots, cabin crew, engineers, and technicians for in-flight and ground support.
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