Hindustan Aeronautics Ltd (HAL), the state-run defence firm, reported a 22.4% rise in its consolidated internet revenue for the second quarter of FY25 to ₹1,510.49 crore from ₹1,236.67 crore within the year-ago quarter.
The consolidated income from operations of Hindustan Aeronautics in Q2FY25 elevated 6% to ₹5,976.29 crore from ₹5,635.70 crore, year-on-year (YoY).
On the operational degree, HAL’s earnings earlier than curiosity, tax, depreciation and amortization (EBITDA) through the quarter ended September grew 7.3% to ₹1,640 crore from ₹1,527.7 crore, whereas EBITDA margin improved to 27.4% from 27.1%, YoY.
On a standalone foundation, HAL’s internet revenue in Q2 was rose to ₹1,490 crore from ₹1,235 crore within the year-ago interval, whereas income for the quarter underneath evaluate grew to ₹5,976 crore from ₹5,636 crore, YoY.
The corporate’s whole property on the finish of the September 2024 quarter stood at ₹86,529.75 crore as towards ₹78,095.18 crore as of March 31, 2024.
HAL’s board of administrators has additionally accepted the appointment of Barenya Senapati, Director (Finance) as Chief Monetary Officer of the corporate.
HAL Inventory Value Replace
Hindustan Aeronautics share value has seen a pointy fall of 30% from its 52-week excessive of ₹5,675.00 apiece hit on July 9, 2024. HAL shares have fallen over 8% in a single month and greater than 11% previously three months.
Nevertheless, the defence PSU inventory has rallied 47% year-to-date (YTD) and has given multibagger returns of over 100% in a single 12 months and greater than 480% in three years.
At 1:05 PM, HAL shares had been buying and selling 0.59% larger at ₹4,089.35 apiece on the BSE.
