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Meanwhile HAL is growing into a international large manufacturer capable of international acquisitions
Companies
HAL’s Q4 profits 13.09% higher
Our Bureaus Bengaluru | Updated on May 27, 2019 Published on May 27, 2019
HAL, defence aerospace public sector, profits on standalone basis are up 13.09 per cent at Rs 1,177.29 crore for the fourth quarter (Q4) of FY 2018-19 as against Rs 1,040.93 crore recorded in the same period last year.
The company’s revenues is also higher by 9.82 per cent to Rs 10,163.35 crore as against Rs 9,254.05 crore in the same period last year. EPS for the quarter stood at Rs 35.21 compared with Rs 31.13 last year.
An interim dividend of Rs 662 crore has already been paid by HAL for the year 2018-19. The order book position of the company as on March 31, 2019 was at Rs 58,000 crore. HAL expects fresh orders for Light Combat Aircraft and Light Combat Helicopters in the current financial year.
Companies
HAL’s Q4 profits 13.09% higher
Our Bureaus Bengaluru | Updated on May 27, 2019 Published on May 27, 2019
HAL, defence aerospace public sector, profits on standalone basis are up 13.09 per cent at Rs 1,177.29 crore for the fourth quarter (Q4) of FY 2018-19 as against Rs 1,040.93 crore recorded in the same period last year.
The company’s revenues is also higher by 9.82 per cent to Rs 10,163.35 crore as against Rs 9,254.05 crore in the same period last year. EPS for the quarter stood at Rs 35.21 compared with Rs 31.13 last year.
An interim dividend of Rs 662 crore has already been paid by HAL for the year 2018-19. The order book position of the company as on March 31, 2019 was at Rs 58,000 crore. HAL expects fresh orders for Light Combat Aircraft and Light Combat Helicopters in the current financial year.