Hindustan Aeronautics Ltd (HAL) reported a 77 per cent year-on-year improve in consolidated web revenue to ₹1,437 crore in Q1 FY25, up from ₹814 crore in the identical quarter final 12 months. This rise in web revenue was attributed to the realisation of plane manufacturing contracts.
The income from operations grew 11. 04 per cent to ₹4,347.50 crore (₹3,915.35 crore). EBITDA went up 13 per cent to ₹994 crore (₹880 crore).
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Bills for the aerospace and defence firm elevated 8.22 per cent, rising to ₹3,506.16 crore (₹3,239.92 crore).
In the course of the quarter, the corporate had invested ₹234.80 lakh within the Digital Warfare (Defence) Testing Basis, and ₹261.25 lakh within the Communication (Defence) Testing Basis.
HAL’s upkeep and restore companies are the biggest income section, accounting for 72 per cent of its income within the monetary 12 months 2023-24 (FY24).
The corporate’s shares closed at ₹4,661.35 on the BSE, marking a 0.79 per cent decline.
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