Hindustan Aeronautics’ net profit declined by 7.8% from last year to ₹3,958 crore, but was higher than the estimates of ₹2,592 crore.
Revenue for the quarter also declined by 7.2% from last year to ₹1,3700 crore, while the provisional update shared by the company had projected revenue to be at ₹13,118 crore for the quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined by 10.2% from the year-ago period to ₹5,292 crore, but was well above the expectations of ₹3,591 crore, while margins stood at 38.6%, well above expectations of 27.6%.
On a year-on-year basis, margins narrowed by 140 basis points.
In its provisional business update shared earlier, Hindustan Aeronautics had mentioned that it has received new manufacturing contracts worth ₹1.02 lakh crore and RoH contracts worth ₹17,500 crore.
The company also recently signed a contract with the Ministry of Defence for the supply of 156 LCH Prachand worth ₹62,777 crore.
Hindustan Aeronautics is targeting an order book worth up to ₹2.6 lakh crore for financial year 2026.
Shares of HAL have given up nearly all the gains, currently trading 0.5% higher at ₹4,262.
First Published: May 14, 2025 1:27 PM IST
