Cochin International Airport (CIAL) ne FY26 mein record **₹502 Crore** ka profit kamaya hai aur shareholders ke liye **55%** dividend bhi announce kiya hai. Lekin, heavy profit ke bawajood company ke infrastructure projects ki slow speed par critics ne sawal khade kar diye hain.
Record Numbers, Par Development kahan hai?
Cochin International Airport Limited (CIAL) ne is saal kamaal ka performance dikhaya hai. Airport ki total revenue ₹1,220 Crore tak pahunch gayi hai, jo pichle saal ke muqable 6.6% zyada hai. AGM mein 55% dividend payout ko bhi manzoori mil gayi hai. Lekin scene ka doosra pehlu ye hai ki log is baat se naraz hain ki paisa kamane par toh focus hai, par airport ke zaroori kaam dheeme chal rahe hain.
AERA ke targets aur sachai
Airports Economic Regulatory Authority (AERA) ne 2022-26 ke liye ₹1,416 Crore ka investment plan manzoor kiya tha taaki passenger fees justify ho sakein. Hairani ki baat ye hai ki ab tak sirf 40% hi kaam complete ho paaya hai. Experts ka kehna hai ki passenger se liye gaye paise ko runway expansion jaise zaroori kaam mein lagana chahiye tha, na ki sirf dividend dene mein.
Aage kya risk hai?
Sabse bada challenge 2028 mein aayega jab airport ke single runway ki re-carpeting hogi, jisse flights mein badi dikkat aa sakti hai. Airport management ab luxury lounges aur business jet terminals par toh focus kar raha hai, par capacity badhane wale kaam piche chhoot rahe hain.
Unlisted hone ka risk
Ek baat yaad rakhein, CIAL ek unlisted company hai. Iske shares NSE ya BSE par trade nahi hote, sirf private off-market transactions hote hain. Iska matlab hai ki liquidity ka risk hamesha rehta hai, kyunki jab aap bechna chahenge, tab buyer dhoondhna mushkil ho sakta hai.
Ab CIAL ne 'CIAL ACES' naam se ek consultancy business bhi shuru kiya hai, jo Durgapur Airport jaise projects mein madad kar raha hai. Ab dekhna ye hoga ki kya ye business core airport operations ke alawa extra income laa paata hai ya nahi.