Net profit of Hindustan Aeronautics rose 52.19% to Rs 4308.71 crore in the quarter ended March 2024 as against Rs 2831.18 crore during the previous quarter ended March 2023. Sales rose 18.20% to Rs 14768.75 crore in the quarter ended March 2024 as against Rs 12494.67 crore during the previous quarter ended March 2023.For the full year,net profit rose 30.77% to Rs 7621.05 crore in the year ended March 2024 as against Rs 5827.74 crore during the previous year ended March 2023. Sales rose 12.83% to Rs 30381.08 crore in the year ended March 2024 as against Rs 26927.46 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales14768.7512494.67 18 30381.0826927.46 13 OPM %39.9625.87 -32.0624.80 - PBDT6438.973899.27 65 11632.058294.17 40 PBT5795.002843.66 104 10224.886509.50 57 NP4308.712831.18 52 7621.055827.74 31 Powered by Capital Market - Live News

Hindustan Aeronautics will hold a meeting of the Board of Directors of the Company on 16 May 2024.Powered by Capital Market - Live News

HAL recorded the highest ever revenue from operations of over Rs. 29,810 crore (provisional and unaudited) for the financial year .ended on 31 March 2024 registering a double digit growth of around 11% as against 9% in the previous financial year. The corresponding figure for the previous year was at Rs. 26,928 crore.Despite the major supply chain challenges arising due to geopolitical issues, the Company has met the expected revenue growth with improved performance for the entire year. As on March 31, 2024, Company`s order book stands in excess of Rs 94,000 crore with additional major orders expected during FY 2024-25, said C. B. Ananthakrishnan, CMD(Addl Charge), HAL. HAL received fresh manufacturing contracts of over Rs 19,000 crore and ROH contracts of over Rs 16,000 crore during FY 2023-24.Powered by Capital Market - Live News

Hindustan Aeronautics has signed a contract with Cochin Shipyard (CSL), Kochi for supply of 6 sets of LM2500 Gas Turbines (GT) and GT Auxiliaries (GTAE), Spares, Tools for Indian Navy Next Generation Missile Vessei (NGMV) Project. The value of the order is Rs 1,173.42 crore. Powered by Capital Market - Live News

Hindustan Aeronautics announced that the Ministry of Defence signed a contract with the Company on 15 March 2024 for Mid Life Upgrade (MLU) of 25 Dornier Aircraft along with associated equipment for the Indian Navy at a cost of around Rs 2890 crore. Powered by Capital Market - Live News