Mangaluru airport records Rs5-cr profit

Mangaluru airport records Rs5-cr profit

Submitted by alvin on Thu, 2016-06-30 19:32 Mangaluru: Mangaluru International Airport (MIA) has recorded a net profit of Rs546.86 lakh during the financial year 2015-16, said the airport director JT Radhakrishna.Total revenue for the fiscal year 2015-16 stood at Rs8562.02 lakh (over Rs85.62 crore) compared with Rs6748.53 lakh (over Rs67.48 crore) during the previous fiscal.The increased revenue was mainly due to the increase in passenger numbers from 13.07 lakh in 2014-15 to 16.75 lakh during 2015-16, he said.