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HAL records Rs 19,400 cr turnover for 2018-19 fiscal

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Press Trust of India Bengaluru
Last Updated : Apr 01 2019 | 8:55 PM IST

State owned Hindustan Aeronautics Limited (HAL) has recorded turnover of over Rs 19,400 crore for the 2018-19 financial year, ending March 31 against Rs 18,284 crore in the previous year.

HAL said it posted a revenue growth in excess of six per cent during 2018-19 as compared to 3.8 per cent during 2017-18.

In a statement, the HAL chief managing director R Madhavan said "The performance of the Company in 2018-19 has encouraged us to focus more on design and development of indigenous products and technologies, develop aerospace and defence manufacturing eco-system."

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First Published: Apr 01 2019 | 8:55 PM IST

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