Cochin Airport registers Rs 166 cr profit, proposes 27% dividend

CIAL, the first airport under the PPP model in airport infrastructure development, has 18,000 investors from 30 countries and was incorporated in 1994. The airport was inaugurated in 1999. The company has been paying dividend consistently from 2003-04 and with the last fiscal, the total dividend pay-out touched 228 per cent.