HAL Q2 net profit inflation by 22 percent to Rs 1,510 crore, shares appreciate by more than 2 percent

The HAL Q2 Results saw a marginal PBT growth close to 8 percent.
On November 2030, Hindustan Aeronautics Limited published an announcement alleging a consolidated net profit of close to Rs 1510.49 crores that compounded year on year by 22.14%. It was lesser the PBT of Rs 1236.67 crores registered by the company in the July September quarter of the year beginning the fiscal year March 2024, the document mentions.
Revenue for the second quarter reached Rs 5976.3 crores growing 7 percent from Rs 5635.4 crores for July- September quarters a year ago. There as a growth exhibited for earnings before interest and taxes in July quarter this year growing 7 out of the previous quarter earnings of Rs 1527.7 crores and ebitda grown up to 1604 crores. The shares also went up post earnings announcements in the second quarter where HAL shares were quoted at 4148.85 Premium on NSE.
He further explained, “I ask you to look as far as HAL (Hindustan Aeronautics Limited) – it has registered an all time high profit of Rs 4,000 crores during the last quarter.”

By Priyanka Roy