Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY

Hindustan Aeronautics Ltd (HAL), the state-run defence company, reported a 22.4% rise in its consolidated net profit for the second quarter of FY25 to ₹1,510.49 crore from ₹1,236.67 crore in the year-ago quarter.

The consolidated revenue from operations of Hindustan Aeronautics in Q2FY25 increased 6% to ₹5,976.29 crore from ₹5,635.70 crore, year-on-year (YoY).

At the operational level, HAL's earnings before interest, tax, depreciation and amortization (EBITDA) during the quarter ended September grew 7.3% to ₹1,640 crore from ₹1,527.7 crore, while EBITDA margin improved to 27.4% from 27.1%, YoY.

On a standalone basis, HAL’s net profit in Q2 was rose to ₹1,490 crore from ₹1,235 crore in the year-ago period, while revenue for the quarter under review grew to ₹5,976 crore from ₹5,636 crore, YoY.

The company’s total assets at the end of the September 2024 quarter stood at ₹86,529.75 crore as against ₹78,095.18 crore as of March 31, 2024.

HAL’s board of directors has also approved the appointment of Barenya Senapati, Director (Finance) as Chief Financial Officer of the company.

HAL Stock Price Update

Hindustan Aeronautics share price has seen a sharp fall of 30% from its 52-week high of ₹5,675.00 apiece hit on July 9, 2024. HAL shares have fallen over 8% in one month and more than 11% in the past three months.

However, the defence PSU stock has rallied 47% year-to-date (YTD) and has given multibagger returns of over 100% in one year and more than 480% in three years.

At 1:05 PM, HAL shares were trading 0.59% higher at ₹4,089.35 apiece on the BSE.