The government-run entity's previous peak in net profit was in 2016-17 at ₹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 ₹3,257.28 crore in the current financial year," an official said.
As its net profit is expected to boom in FY24, the AAI has already submitted ₹700 crore interim dividend with the Indian government, officials noted. The final dividend amount for 2023-24 will be decided by June, with the full amount to be paid by then.
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Indians prefer credit over debit card for high-value payments
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An Indian anthropologist ahead of her time
Urmilla Deshpande set out to work on a novel about an Indian woman in Germany in the 1920s based on her grandmother Irawati Karve when she stumbled on the opportunity to write her biography.
IAF plane makes inaugural landing at upcoming Navi Mumbai airport
An Airbus C-295 of the Indian Air Force (IAF) touched down at Navi Mumbai International Airport (NMIAL) on Friday, marking the formal inaugural flight landing at the place. A Sukhoi SU-30 fighter jet did a low fly-by at the airport to test the 3.7-km long runway in the presence of Maharashtra Chief Minister Eknath Shinde, his deputy Devendra Fadnavis and Murlidhar Mohol, Minister of State for Civil Aviation and Co-operation.
Less than 33% of youth can search Net, transact online
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TCS shares dip as analysts offer mixed outlook
IT sector is expected to grow considerably from Q4 FY25 onwards
NSE retains Nifty 50 for weekly contracts
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Compare lenders' costs; higher rates can offset benefits of offers
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Noel's appointment as Tata Trusts' chair signals continuity: Analysts
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Sebi intervenes in ₹45cr Trafiksol IPO irregularity
To undertake detailed examination into disclosures by the firm
India-focused funds log first weekly redemption in 19 mths
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