According to AAI, its net profit during the fiscal year under review rose to Rs 3,115 crore from Rs 2,537 crore reported for 2015-16.
"AAI recorded all time high total income of Rs 12,542 crore (previous year Rs 10,824 crore), and operational income of Rs 8,024 crore (previous year Rs 6,876 crore) in FY 2017," it said in a statement.
AAI declared a dividend of Rs 934 crore payable to the central government. It had paid an interim dividend of Rs 560 crore on February 22, 2017.
"The net worth of the organisation as on March 31, 2017 is Rs 15,029 crore (previous year Rs 13,038 crore) and capital employed as on March 31, 2017 is Rs 11,282 crore (previous year Rs 10,540 crore)," the statement added.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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