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AAI pays Rs 560 Crore interim dividend to government for 2016-17
Airports Authority of India (AAI), which is 100% owned by the government, today announced an Interim Dividend payment of Rs 560 crore for the year 2016-17 to its promoter.
“AAI has earned a Revenue of Rs 10,824 crore and a profit before tax of Rs 3,697 crores and Profit after tax of Rs 2,537 Crores for the year 2015-16,” said a release from the airport operator.
AAI said that it has spent an amount Rs 4,315 crores during the last three years [2013-14 to 2015-16] on modernization of Airport terminals, passenger facilities and Air Traffic and Navigational Aids at its Airports.
AAI has paid Rs 1,106 crore as dividend in the last three years [2013-14 – 2015-16] and has also contributed to the Central Exchequer Rs 6,253 Crores in different forms during the same period, apart from paying Dividend, added the relelase. Francisco Lindor Jersey
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