HAL logs life high turnover of Rs 19,705 crore in FY19; profit up 15%

The company's order book position as on March 31, 2019, was Rs 58,000 crore

Public sector aerospace major Hindustan Aeronautics Ltd (HAL) has achieved an all-time record turnover of Rs 19,705 crore, according to the company’s audited results that its Board of Directors approved on Monday. 

HAL announced it registered a turnover growth of 7.8 per cent for financial year 2018-19 from Rs 18,284 crore in the corresponding period of the previous year.

The company logged a profit after tax of Rs 2,282 crore, a healthy 14.8 per cent rise over the preceding year’s profit of Rs 1,987 crore. HAL has already paid an interim dividend of Rs 662 crore for the year 2018-19.