|
|
|
HAL net soars 116% in Q2
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 13 Nov, 2019
State-run defence major Hindustan Aeronautics Ltd (HAL) on Wednesday
reported Rs 621-crore net profit for the second quarter (Q2) of fiscal
2019-20, registering a 116 per cent annual growth from Rs 287 crore in
the same period a year ago.
Sequentially, net profit, however, rose 10 per cent to Rs 621 crore from Rs 564 crore a quarter ago.
The
city-based aerospace firm said in a statement that revenue from sales
grew 32 per cent annually to Rs 3,451 crore from Rs 2,610 crore in the
like period a year ago.
"Our performance is a result of
streamlining the production to even out seasonality of business leading
to bunching of revenue during the third and fourth quarters of a
fiscal," said the statement.
Sequentially, revenue rose 5 per cent to Rs 3,451 crore from Rs 3,291 crore a quarter ago.
Though
the company filed the quarterly results on the BSE on November 11, it
shared the details with the media belatedly on Wednesday.
HAL shares with a face value of Rs 10 closed at Rs 802.25 on Wednesday on the BSE.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|