Hindustan Aeronautics Q1 Results Net Profit Declines to ₹1,43,714 Lakhs Amid Decrease in Total Income

Hindustan Aeronautics (HAL) Q1 Results 2024-2025: Hindustan Aeronautics (HAL) announced their Q1 results for the fiscal year 2024-2025 on 9 September 2024.

The company reported a total income of ₹5,08,385 lakhs for the quarter ended 30 June 2024, which shows a decrease of 66.9% year-over-year (YoY) compared to ₹15,32,606 lakhs in the same period last year. This significant drop in revenue reflects a challenging quarter for HAL, marked by lower operational income and a decrease in other income sources.

Despite the decrease in overall income, HAL's net profit for the quarter stood at ₹1,43,714 lakhs, representing a decline of 66.7% YoY from ₹4,30,868 lakhs in Q1 2023-2024. The company's expenses also fell substantially, with a decrease of 63.2% quarter-over-quarter (QoQ) from ₹9,54,287 lakhs in the previous quarter.

The decline in net profit and total income highlights the ongoing challenges faced by HAL in the current fiscal year, but the decrease in expenses shows the company's efforts to manage costs amidst the financial downturn.

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Hindustan Aeronautics Q1 Results 2024-2025

Hindustan Aeronautics (HAL) has reported its financial performance for the first quarter of the fiscal year 2024-2025.

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Hindustan Aeronautics Current Market Overview

Hindustan Aeronautics (HAL) is currently trading at ₹4,630 per share, showing a slight decrease of 1.57% as of early September. The company has a substantial market capitalization of ₹3,09,613 crore, indicating its significant presence in the market. HAL's stock has fluctuated between ₹1,768 and ₹5,675 in recent times.

The company's financial health is strong, with a Price-to-Earnings (P/E) ratio of 37.7 and a dividend yield of 0.74%. HAL boasts impressive returns with a Return on Capital Employed (ROCE) of 38.9% and a Return on Equity (ROE) of 28.9%.

Q1 Results

Here is a summary of Hindustan Aeronautics's quarterly results for December 2023, March 2024, and June 2024:

About Hindustan Aeronautics

Hindustan Aeronautics (HAL) is a major aerospace and defense company based in Bangalore, India. Founded in 1940, HAL is one of the oldest and largest manufacturers in its field, focusing on designing and producing fighter jets, helicopters, jet engines, and various other defense equipment.

The company has a significant presence across India with multiple research and development centers and manufacturing units. HAL plays a crucial role in supporting the Indian military by not only building new aircraft but also providing maintenance, upgrades, and spare parts for the existing fleet.

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