The country’s airport industry is projected to report a profit before tax of USD 1.3 billion in the current financial year. This profit is expected to be Rs 256.1 (USD 3.1) per passenger for the fiscal year ending March 2025, according to aviation advisory firm CAPA India, which presented these projections at its aviation summit in the national capital on Friday.
In the current fiscal year, passenger throughput at Indian airports is estimated to reach 404.9 million. Of this total, 81.1 percent will be domestic traffic, and 18.9 percent will be international traffic.
The report also indicated that the Airport Authority of India’s (AAI) profitability is likely to remain robust in FY2024 and FY2025. “The topline will grow due to an increase in aeronautical revenue along with the receipt of revenue share from the recently privatized six non-metro airports, without having to incur any associated expenses—resulting in higher profitability,” it stated.
The industry’s profit before tax is expected to reach USD 1.3 billion in this fiscal year. “India’s airport operators are forecast to register Rs 359.8 billion (USD 4.3 billion) in revenue for FY2025, representing a 14.8 percent year-on-year growth from FY2024,” CAPA India reported.
The firm noted that airport infrastructure at both metro and non-metro locations is ahead of demand and highlighted an ongoing USD 11 billion investment pipeline, which includes developments in Tier 2 and Tier 3 airports.
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