HAL Q1 Results: Net Profit Up 15% to ₹1,589 Cr, ₹45 Dividend

Bengaluru, August 12, 2026 – Hindustan Aeronautics Limited (HAL), India's premier aerospace and defense company, has reported a 14.8% year-on-year increase in standalone net profit at ₹1,580.61 crore for the quarter ended June 30, 2026. The company's total revenue from operations stood at ₹5,515.28 crore, reflecting robust demand in the defense manufacturing sector.

The audited financial results were approved by the Board of Directors on August 12, 2026. The meeting began at 10:30 AM and concluded at 1:55 PM.

Financial Performance at a Glance (Standalone)

Consolidated Performance Highlights

Key Operational Updates

• Dividend Payout – ₹45 per Share

  • Interim Dividend (already paid): ₹35 per equity share (700% of face value ₹5)

  • Final Dividend (recommended): ₹10 per equity share (200% of face value)

  • Final dividend is subject to shareholder approval at the upcoming Annual General Meeting.

• Flood Loss Settlement Finalized

  • Company-owned inventory: Loss of ₹1,033 lakhs fully settled by insurance in March 2026.

  • Customer-owned inventory: Excess provision of ₹4,499 lakhs reversed; ₹1,091 lakhs retained as future liability.

• Gratuity Ceiling Revised

  • Ceiling increased from ₹20 lakhs to ₹25 lakhs effective October 1, 2025.

  • Additional liability of ₹237 lakhs recognized in Q1 FY27.

  • Employee cost for Q1 FY27 is not comparable with previous periods due to this one-time charge.

• FPQ Price Finalization Pending

  • 4th Price and Principle Revision Contract (PPRC) is ongoing; prices for FY 2023-24 onward yet to be finalized.

  • Sales for FY 2024-25, FY 2025-26 and Q1 FY27 have been provisionally recognized using conservative price indices.

  • No escalation applied beyond 2024-25 prices.

• Investment in Section 8 Company

  • HAL invested ₹245 lakh in "Systems Testing and Research for Advanced Materials Foundation."

  • 2,00,000 equity shares allotted; balance 45,000 shares awaited.

• Board & Committee Compliance Note

  • Statutory Auditors issued unmodified opinion on both standalone and consolidated results.

  • Auditors noted non-compliance with independent director requirements for Board, Audit Committee, and Nomination & Remuneration Committee effective April 5, 2026.

Joint Ventures & Subsidiaries Update

• HATSOFF Helicopter Training Private Limited

  • Going concern maintained despite net liability concerns; multi-year defense contracts secured.

  • Net worth as of June 30, 2026: ₹3,129.90 lakhs.

• HALBIT Avionics Private Limited

  • Going concern maintained with positive cash flows.

  • Net liability of ₹1,146.11 lakhs as of June 30, 2026.

• Multirole Transport Aircraft Limited

  • Voluntary liquidation process under government approval.

  • Board approved in-principle liquidation on February 9, 2023.

• Infotech HAL Limited

  • NCLT admitted insolvency petition on August 22, 2025.

  • Corporate Insolvency Resolution Process (CIRP) commenced.

• HAL-Edgewood Technologies Private Limited

  • Financials not provided; not consolidated.

  • Impact of non-consolidation is not material.

Stock Exchange Filings

The full financial results are available on:

• BSE: www.bseindia.com (Scrip Code: 541154)

• NSE: www.nseindia.com (Symbol: HAL)

• Company Website: www.hal-india.co.in

Place: Bengaluru
Date: August 12, 2026

For Hindustan Aeronautics Ltd
(A Maharatna CPSE)

Shailesh Bansal
Company Secretary & Compliance Officer

Dr. Barenya Senapati
Director (Finance) & CFO

Ravik
Chairman & Managing Director

Disclaimer: This article is based on the audited financial results filed with stock exchanges on August 12, 2026, and is for informational purposes only. Investors are advised to refer to the official filings for complete details.