The Cochin Port Trust (CPT) ended 2018-19 fiscal on a high with a cargo throughput of over 32 million tonnes and operating surplus of more than ₹210 crore.
The net profit rose from ₹13.55 crore during 2017-18 to ₹19.2 crore last year. The port managed to make an additional payment of ₹27.41 crore to the pension fund corpus. It also paid the first instalment of ₹55.85 crore towards an outstanding government debt.
Along with cost-effective services, the port authority is looking to...