Hit by travel restrictions due to Covid-19 spread, Cochin International Airport Ltd, the first airport in India to be built in a public private partnership, has incurred a loss of around Rs 72 crore in the first quarter of current financial year, the company said on Tuesday.
The company, however, registered a profit of Rs 204.05 crore for the financial year 2019-20, prompting the director board chaired by Chief Minister Pinarayi Vijayan to propose a dividend of 27 per cent which has to be endorsed by the Annual General Meeting of shareholders slated to be held on September 5,