MIA records profit

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Press Trust of India Mangaluru
Last Updated : Jun 30 2016 | 9:57 PM IST
The Mangaluru International
Airport recorded a net profit of Rs 546.86 lakh during the financial year 2015-16.
The total revenue realised at the airport during the year was Rs 8,562.02 lakh while it was Rs 6,748.53 lakh during the previous fiscal, said MIA Director J T Radhakrishna.
The net profit of Rs 546.86 lakh was after the deduction of depreciation and bad and doubtful debts, he said in a release.
The increased revenue was mainly due to increase in the number for passengers from Rs 13.07 lakh in 2014-15 to 16.75 lakh during 2015-16, he said.
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First Published: Jun 30 2016 | 9:57 PM IST

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