Related News

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in

A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Dell Technologies reported second fiscal quarter results on Thursday that beat

Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening. Zinsner acknowledged the investment on Thursday during an investor conference. The

The Centre’s move to extend the import duty exemption on cotton until 31 December 2025 is set to strengthen India’s position in global textile markets, reviving orders for small and

India’s proposed Goods and Services Tax (GST) reforms could help soften the blow of steep US tariffs and give a lift to household spending, BMI, a Fitch Solutions company, said

On August 28, 2025, SpaceX achieved a historic milestone with Falcon 9 booster B1067 completing its 30th successful flight and landing. Launching from NASA’s Kennedy Space Center, the rocket ascended

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

HAL revenue at Rs 30,400-cr despite supply chain issues hitting LCA

Word Count: 648 | Estimated Reading Time: 4 minutes


HAL revenue at Rs 30,400-cr despite supply chain issues hitting LCA

BENGALURU: Defence PSU Hindustan Aeronautics Limited (HAL) Monday said it recorded a provisional and unaudited revenue of Rs 30,400 crore for 2024-25, marginally higher than the Rs 30,381 crore in the previous fiscal.
HAL CMD DK Sunil said: “This achievement came despite the shortfall in deliveries of Light Combat Aircraft (LCA) and Advanced Light Helicopter (ALH). LCA deliveries were affected due to non-availability of engines and ALH delivery schedule was similarly impacted following an accident in Jan 2025 and subsequent grounding of the fleet. However, the deliveries of other products and services were accelerated which helped us to maintain the top line.”
With the PSU’s order book improving significantly over the past 12 months, HAL utilised the year to expand its capacities, establishing additional production lines for the LCA and HTT-40 trainer aircraft whilst augmenting the aero engine manufacturing capacity at its Koraput facility.
“The order book now stands at more than Rs 1.8-lakh-crore compared to the opening position of Rs 94,129 crore, after adjusting for current year liquidation,” HAL said.
During 2024-25, HAL secured new manufacturing contracts worth more than Rs 1-lakh-crore and Repair and Overhaul (ROH) contracts valued at Rs 17,500 crore.
Recently, HAL signed a landmark contract with the ministry of defence for supplying 156 Light Combat Helicopter (LCH) “Prachand” worth Rs 62,777 crore — the single largest procurement by the ministry from HAL to date.
Other notable achievements of 2024-25 included HAL becoming the first defence PSU to achieve the prestigious ‘Maharatna’ status. It also signed contracts for the supply of an additional 12 Su-30 MKI aircraft, Mid Life Upgrade (MLU) of 40 Do-228 aircraft, supply of 240 AL31FP engines for Su-30 MKI aircraft, and avionics upgrade of one IL-78 aircraft.
“The first AL31FP engine was delivered within just one month of contract signature. With supply chain issues now stabilising, new orders secured, and enhanced production capacities in place, HAL is positioning itself for a more robust physical and financial performance in 2025-26,” the PSU added.





Source link

Most Popular Articles