Tejas LCA maker HAL registers 7.8% rise in turnover

Hindustan Aeronautics Limited (HAL), eyeing fresh orders from the Indian Air Force and Indian Army for Light Combat Aircraft Tejas and Light Combat Helicopter Dhruv respectively, has achieved an all-time high turnover of Rs 19,705 crore, which is a growth of 7.8% for Financial Year  2018-19 over the turnover of Rs 18,284 crore in the corresponding previous year. HAL’s audited results were approved by the company’s Board of Directors at its meeting in Bengaluru on May 27.

HAL’s reported a Profit After Tax (PAT) of Rs. 2,282 crores for the FY 2018-19, an increase of 14.8% over Rs 1,987 crore in the corresponding previous year. An interim dividend of Rs 662 crores has already been paid by HAL for the year 2018-19. Read More

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