The Airports Authority of India (AAI), which operates over 120 airports, expects a net profit of Rs 3,257.28 crore in the current financial year (FY24), the highest in eight years, government officials told Business Standard. The government-run entity’s previous peak in net profit was in 2016-17 at Rs 3,115.93 crore.
“With consistently high passenger footfalls, the AAI expects a 10 per cent year on year (Y-o-Y) increase in net profit to Rs 3,257.28 crore in the current financial year,” an official said.
