Kannur International Airport faced financial setbacks in FY24, with declining revenue, growing losses, and reduced asset and equity values, pointing to financial challenges.<ul><li>Revenue Decline: Kannur International Airport's total revenue dropped by 11.91% to ₹99.23 crore, indicating challenges in income generation.</li><li>Increased Losses: The company’s PAT declined by 33.49%, leading to a net loss of ₹168.56 crore, while EPS dropped by 33.51% to -₹12.59, reflecting reduced shareholder value.</li><li>Decline in Assets and Equity: Total Assets and Total Equity decreased by 4.15% and 22.04%, respectively, indicating weakened financial stability.</li></ul>

Kannur International Airport faced financial setbacks in FY24.

Financial Performance Summary of Kannur International Airport FY24