iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

HAL reports revenue of Rs 26,500 crore in FY23

3 Apr 2023 , 03:19 PM

According to a statement released on Friday, Hindustan Aeronautics Limited (HAL) has achieved its highest-ever revenue from operations of approximately Rs 26,500 crore (provisional and unaudited) during the Financial Year 2022-23.

This represents an 8% increase from the previous year’s revenue of Rs 24,620 crore.

HAL’s Chairman and Managing Director, C B Ananthakrishnan, stated that despite supply chain disruptions caused by geopolitical issues, the company was able to achieve the targeted growth in revenue. This was made possible by increasing efforts towards indigenization and utilizing the available inventory.

After the liquidation of supplies during the Financial Year 2022-23, HAL’s order book amounted to approximately Rs 82,000 crore as of March 31, 2023.

In the Financial Year 2022-23, Hindustan Aeronautics Limited (HAL) was awarded new contracts worth approximately Rs 26,000 crore, which involved the manufacturing of 70 HTT-40, 6 Do-228 Aircraft, and PSL V launch vehicles.

Furthermore, during FY23, HAL received new orders worth approximately Rs 16,600 crore for Repair, Overhaul, and Maintenance (ROH) services.

For feedback and suggestions, write to us at editorial@iifl.com

explored-media

Related Tags

  • HAL
  • HAL News
  • Hindustan Aeronautics Limited
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.