Emirates Group on Monday, May 13, announced its strong financial performance for the fiscal year 2023-24, achieving record levels in profit, revenue, and cash balance.
The group reported a 71 percent increase in total profit of Dirham 18.7 billion (Rs 4,25,24,66,28,180), compared to the last year’s
Dirham 10.9 billion (Rs 2,47,82,50,30,497) profit.
The company’s revenue was Dirham 137.3 billion (Rs 31,21,68,59,34,609), an increase of 15 percent over last year’s results. Cash balance stood at Dirham 47.1 billion (Rs 10,71,01,16,13,768), the highest ever reported, up 11 percent from last year.