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Hindustan Aeronautics reports 44% rise in Q2 consolidated net profit

14 Nov 2022 Evaluate

Hindustan Aeronautics reported results for second quarter ended September 30, 2022.

The company has reported rise of 42.56% in its net profit at Rs 1,209.22 crore for Q2FY23 as compared to Rs 848.22 crore for the corresponding quarter previous year. However, total income of the company decreased by 5.00% to Rs 5,405.69 crore for the quarter under review as compared to Rs 5,690.21 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 44.23% in its net profit at Rs 1,221.22 crore for the quarter under review as compared to Rs 846.74 crore for the same quarter in the previous year. However, total income of the company decreased by 5.00% to Rs 5,403.86 crore for the quarter under review as compared to Rs 5,688.54 crore for the same quarter in the previous year.

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