HAL records highest turnover: CMD
Team Udayavani, Sep 29, 2018, 1:11 PM IST
Bengaluru: Despite challenges, Hindustan Aeronautics Limited (HAL) has achieved significant growth in revenue and profits, a top company official said Saturday.
“We have recorded the highest ever turnover of Rs 18,28,386 lakhs in 2017-18 financial year compared to previous year’s turnover of Rs 17,60,379 lakhs,” CMD R Madhavan said in a statement here.
HAL had on Friday, held its 55th Annual General Body Meeting of Shareholders, first after its listing.
Profit Before Tax for the year was Rs 3,32,284 lakhs as against Rs 3,58,258 lakhs in previous year, Madhavan said adding the Profit After Tax (PAT) for the year was Rs 2,07,041 lakhs.
HAL produced 40 aircraft and helicopters covering Su-30 MKI, LCA Tejas & Dornier Do-228 in fixed wing and ALH Dhruv and Cheetal Helicopters in rotary wing, Madhavan noted.
In addition, HAL produced 105 new engines, overhauled 220 aircraft, helicopters and 550 engines, he said.
Also, as many as 146 new aero-structures for space programs were produced during the period, he added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
FIR filed over BJP’s social media post allegedly promoting hatred and enmity: EC
Hubballi: Congress leader Randeep Surjewala visits Neha’s house, assures justice to family
I-T sleuths raiding Congress functionary’s house to defame me: D K Shivakumar
What ‘nyay’ Cong can do, when its councillor’s daughter in K’taka doesn’t get justice: Thakur
Rapido to offer free rides to senior citizens, differently-abled voters in B’luru, M’luru & Mysuru
MUST WATCH
Latest Additions
WATCH: 5 runaway military horses cause mayhem in London
FIR filed over BJP’s social media post allegedly promoting hatred and enmity: EC
Can’t control elections or pass directions on basis of suspicion: SC tells EVM critics
Amitabh Bachchan receives Lata Deenanath Mangeshkar Puraskar
Hubballi: Congress leader Randeep Surjewala visits Neha’s house, assures justice to family