The aerospace and defence company's consolidated net profit surged 76.5% to Rs 1,437.16 crore in Q1 FY25 as against Rs 814.24 crore posted in Q1 FY24.
Revenue from operations was at Rs 4,347.50 crore in Q1 FY25, up 11.04% as against Rs 3,915.35 crore recorded in Q1 FY24.
Profit before tax in the June quarter stood at Rs 1,583.72 crore, registering a growth of 45.42% from Rs 1,089.03 crore reported in the same period a year ago.
Total expenses jumped 8.22% year on year to Rs 3,506.16 crore during the quarter. Cost of materials consumed was at Rs 1,447.67 crore (up 33.51% YoY) while employee benefits expense stood at Rs 1,247.56 crore (down 11.12% YoY) during the period under review.
Hindustan Aeronautics (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets.
Shares of Hindustan Aeronautics shed 0.47% to Rs 4,676.40 on the BSE.
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