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Hindustan Aeronautics reports 17% fall in Q3 net profit

12 Feb 2019 Evaluate

Hindustan Aeronautics has reported results for third quarter ended December 31, 2018.

The company has reported 17.03% fall in its net profit at Rs 455.19 crore for the quarter under review as compared to Rs 548.59 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.45% at Rs 4482.83 crore for Q3FY19 as compared Rs 4462.92 crore for the corresponding quarter previous year.

Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

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