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Hindustan Aeronautics reports 13% rise in Q4 net profit

28 May 2019 Evaluate

Hindustan Aeronautics (HAL) has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 13.10% in its net profit at Rs 1,177.29 crore for the quarter under review as compared to Rs 1,040.93 crore for the same quarter in the previous year. Total income of the company increased by 9.83% at Rs 10,163.35 crore for Q4FY19 as compared Rs 9,254.05 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 14.84% in its net profit at Rs 2,282.44 crore as compared to Rs 1,987.42 crore for the previous year. Total income of the company increased by 4.57% at Rs 20,270.23 crore for year under review as compared to Rs 19,384.99 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 13.79% in its net profit at Rs 2,264.77 crore as compared to Rs 1,990.25 crore for the previous year. Total income of the company increased by 4.56% at Rs 20,269.99 crore for year under review as compared to Rs 19,386.10 crore for year ended March 31, 2018.

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