CIAL pays 27% dividend

The Cochin International Airport Limited (CIAL) has handed over ₹33.49 crore as the share of its profits made during 2019-2020 to the State government.

The MD of CIAL, V.J. Kurian, handed over a cheque to Chief Minister Pinarayi Vijayan.

The government has 32.42% share in CIAL.

The company had made profit of ₹204 crore in the last fiscal and its director board decided to give out 27% of the profit, a press release said.

Printable version | Mar 7, 2021 12:10:06 AM | https://www.thehindu.com/news/cities/Kochi/cial-pays-27-dividend/article33639410.ece

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