Hindustan Aeronautics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 10, 2023 at 03:20 am
Share
Hindustan Aeronautics Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 56,357 million compared to INR 51,447.9 million a year ago. Revenue was INR 61,050.7 million compared to INR 54,038.6 million a year ago. Net income was INR 12,367 million compared to INR 12,212.3 million a year ago. Basic earnings per share from continuing operations was INR 18.49 compared to INR 18.26 a year ago. Diluted earnings per share from continuing operations was INR 18.49 compared to INR 18.26 a year ago.
For the six months, sales was INR 95,510.5 million compared to INR 87,672.5 million a year ago. Revenue was INR 104,303.6 million compared to INR 92,179.6 million a year ago. Net income was INR 20,509.4 million compared to INR 18,413.7 million a year ago. Basic earnings per share from continuing operations was INR 30.66 compared to INR 27.53 a year ago. Diluted earnings per share from continuing operations was INR 30.66 compared to INR 27.53 a year ago.
Hindustan Aeronautics Limited is an India-based company, which is 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. The Company's products include HAWK, light combat aircraft (LCA), SU-30 MKI, intermediate jet trainer (IJT), DORNIER and HTT-40. Its helicopter products include Dhruv, Cheetah, Chetak, Lancer, Cheetal, Rudra, light combat helicopter (LCH) and light utility helicopter (LUH). Its avionics products include inertial navigation system, auto stabilizer, head up display, laser range system, flight data recorder, communication equipment, radio navigation equipment, air borne secondary radar, missile inertial navigation, radar computers and ground radars. The Company's services include aircraft maintenance, repair and operations (MRO), Helicopters MRO, power plant services, and systems, accessories and avionics.
HINDUSTAN AERONAUTICS LIMITED 
