HAL Q3 results: Net profit doubles to Rs 853 crore, revenue rises 23%
The state-owned company s total income rose 23 per cent year-on-year (YoY) to Rs 5,518 crore during December quarter.
BusinessToday.In | February 12, 2021 | Updated 16:56 IST
On a consolidated basis, the aerospace and defence company s net profit rose 85 per cent YoY to Rs 853 crore.
Hindustan Aeronautics Ltd (HAL) on Friday reported doubling of its net profit to Rs 853 crore in October-December from Rs 425 crore in the year-ago quarter. Sequentially, net profit rose 39 per cent from Rs 613 crore in the preceding July-September quarter.
The state-owned company s total income rose 23 per cent year-on-year (YoY) to Rs 5,518 crore during December quarter. On a quarter-on-quarter (QoQ) basis, it increased 12 per cent from Rs 4,941 crore in September quarter.