Hindustan Aeronautics Ltd (HAL) posted a 14 per cent enhance in consolidated web revenue at Rs 1,440 crore for the quarter ended December 31, 2024, up from Rs 1,261 crore in the identical interval final 12 months. The corporate’s income from operations grew 15 per cent year-on-year (YoY) to Rs 6,957 crore, pushed by regular demand from the defence sector.
Sturdy order execution drives income progress
HAL’s income surge was supported by the execution of its manufacturing order e-book and a rise in replacements and spares. The defence PSU has been actively fulfilling orders from the Ministry of Defence, making certain constant enterprise momentum. Analysts famous that the corporate’s restore and spares phase performs a major position in its total gross sales.
Dividend announcement and key dates
The corporate declared a primary interim dividend of Rs 25 per fairness share, with a face worth of Rs 5. The file date for the dividend is ready for February 18, 2025, and eligible shareholders will obtain funds by March 14, 2025.
Inventory efficiency and outlook
Regardless of the robust earnings, HAL shares traded 1.5 per cent decrease at Rs 3,596 on the BSE throughout afternoon commerce on February 12. The inventory has seen volatility, with a 52-week excessive of Rs 5,674 and a low of Rs 2,825. HAL’s market capitalisation at present stands at Rs 2.39 lakh crore.
With a stable order pipeline, together with a current Rs 13,500 crore contract for 12 Sukhoi fighter jets, HAL stays a key participant in India’s defence manufacturing sector. The corporate’s efficiency within the upcoming quarters might be intently watched because it continues to execute its order e-book and safe new offers.
Extra to come back…
