Chief Minister Oommen Chandy has said that the government was not averse to considering a proposal to list Cochin International Airport Ltd in the stock market.
Replying to questions after accepting a Rs.22.74-crore cheque as dividend from CIAL, Mr. Chandy said the proposal had figured prominently in CIAL’s recent general body meeting, but a decision was not taken.
The cheque for Rs.22.72 crore was handed over to the Chief Minister in the presence of the Ports and Excise Minister K. Babu, who is also in charge of airports, by CIAL managing director V.J. Kurien.
CIAL had made a profit of Rs. 144.56 crores after tax during 2014-15.
The total income was Rs. 413.96 crores during that financial year. The growth in total income was 14.55 per cent.
