Airports Authority of India (AAI) is expected to report the highest-ever profit of Rs 5,000 crore in the financial year 2023-24, a senior official said on Monday.
In recent years, the number of airports has gone up, especially with the regional air connectivity scheme, amid rising domestic air traffic.
AAI Chairman Sanjeev Kumar said the organisation surpassed the capital expenditure target at around Rs 5,250 crore in the fiscal ended March 2024.
In 2023-24, the turnover is expected to be around Rs 15,000 crore and the profit before tax at Rs 5,000 crore, which will be the “highest ever in our history,” Kumar said.
