India, Aug. 9 -- The Cochin International Airport Ltd (CIAL) has said that it has reported its highest-ever annual financial performance, registering a record profit of over Rs 500 crore, for the first time in the company's history.

CIAL, in a statement, further said that the Board of Directors, which met for the first time under the chairmanship of Chief Minister V D Satheesan, has approved a series of strategic initiatives -- most notably the company's entry into the airport consultancy business -- aimed at leveraging the country's rapidly expanding aviation infrastructure sector.

The Board also recommended a dividend of 55 per cent for shareholders for the financial year 2025-26, subject to the approval of the company's Annual Genera...