Hindustan Aeronautics (HAL) — Corporate Action

Hindustan Aeronautics Limited reported audited standalone revenue of ₹695.69 crores for Q3 FY2024, up 32% YoY, with net profit rising 69.9% YoY to ₹143.26 crores. The company proposed an interim dividend of Rs 2.5 per share, recordable on 18 February 2025, payable by 14 March 2025. Auditor's report highlighted material uncertainties around HALBIT and MTAL's liquidation plans, while noting pension contribution increases and salary revisions reducing expenses by Rs 1,228 lakhs in the quarter. Key investments in five Section 8 defense testing foundations totaled Rs 787.8 lakhs.

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About Hindustan Aeronautics Limited (HAL)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹2,93,338.09 Cr P/E: 33.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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