HAL Q1 Results with Total Income ₹15,32,586 and Net Profit ₹4,29,204

Hindustan Aeronautics (HAL) reported its financial results for the first quarter of 2024, showing a strong performance. For the quarter ending March 31, 2024, HAL's total income increased significantly to ₹15,32,586, compared to ₹6,52,060 in the previous quarter ending December 31, 2023. This sharp rise indicates that the company has seen substantial growth in its revenue streams.

Hindustan Aeronautics’ total expenses also rose during this period to ₹9,54,750, up from ₹4,83,917 in the previous quarter. The increase in expenses was mainly due to higher operational costs. Despite this, HAL's profit before tax increased to ₹5,77,836, a significant improvement from ₹1,68,143 in the previous quarter.

Hindustan Aeronautics’ net profit for the quarter stood at ₹4,29,204, up from ₹1,25,351 in the previous quarter. This increase in profit highlights HAL's effective management of costs and improved operational efficiency. The company's total comprehensive income for the period was ₹4,20,276, which reflects its solid financial health and performance.

Source: Here 

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HAL Q1 Results 2024-2025

HAL's Q1 results show impressive growth in income and profit, despite an increase in expenses. This performance underscores the company's strong position in its industry.

HAL Financial Overview 

Hindustan Aeronautics table provides financial details. It shows the company’s market capitalization at ₹3,10,081 Crores, which is the total value of all its shares combined. The current stock price is ₹4,637. 

Here is the information: 

Quarterly Results 

HAL's financial table shows their performance over three quarters. Sales started at ₹5,636 crore in September 2023, grew to ₹6,061 crore in December 2023, and surged to ₹14,769 crore by March 2024. Expenses also increased but were controlled, leading to higher profits. 

Here’s a summary of the financial metrics:

About Hindustan Aeronautics 

Hindustan Aeronautics (HAL) is a big company in India that makes airplanes and other defense equipment. It was started on December 23, 1940, in Bangalore, Karnataka, and is one of the oldest and largest companies in this field. HAL began by making aircraft for the Indian Air Force, including the Harlow PC-5 and Curtiss P-36 Hawk, starting in 1942.

Today, HAL is a major player in the aerospace industry. It has 11 research and development centers and 21 manufacturing units across India. The company builds various types of aircraft, such as fighter jets, helicopters, and transport planes. HAL also makes jet engines and marine gas turbines. In addition, it provides software for aircraft, and repairs and upgrades military aircraft.

The Government of India owns most of the company (71.65%), and it employs around 24,457 people. HAL’s first fighter aircraft made in India was the HF-24 Marut.