Now Reading: HAL Q1 profit jumps 15% to Rs 1,590 crore, revenue up 14%
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HAL Q1 profit jumps 15% to Rs 1,590 crore, revenue up 14%
Hindustan Aeronautics (HAL) reported a 14.9% year-on-year rise in consolidated profit to Rs 1,589.68 crore for the June quarter of FY27. Revenue from operations grew 14.4% to Rs 5,515.17 crore, while cost…
The Story in Brief
Hindustan Aeronautics (HAL) reported a 14.9% year-on-year rise in consolidated profit to Rs 1,589.68 crore for the June quarter of FY27. Revenue from operations grew 14.4% to Rs 5,515.17 crore, while cost of materials consumed fell 12.1% to Rs 2,777.21 crore.
The defence PSU's consolidated EBITDA surged nearly 19% to Rs 1,538 crore, with margin improving to 27.9% from 26.8%. HAL's shares hit a 52-week high of Rs 5,054.40 on results day, gaining 13% year-to-date and delivering multibagger returns of 161% over three years.
The Indian Opinion
The usual hype around PSU defence stocks often drowns out the details. While HAL's profit jump is solid, the real story is the cost discipline, raw material expenses dropping even as revenue rises. Critics quick to call defence PSUs inefficient must note this margin improvement. The test will be sustainability: can HAL maintain such cost control when military orders accelerate and global supply chains tighten again? Watch the next quarter's input cost numbers for the answer.
Source: livemint.com
This story was synthesised by AI from the source linked above.
