Hindustan Aeronautics Q2 Results: Net profit increases by 22%, revenue jumps 6%

State-owned Hindustan Aeronautics Ltd announced the September quarter results on Thursday, which saw an increase on a year-on-year basis on most parameters. Revenue for the quarter increased by 6% from last year to Rs 5,976.3 crore. The company had reported a topline of Rs 5,635.7 crore during the same period last year.

Net profit for the period rose by 22% compared to last year, reaching Rs 1,510.5 crore, up from Rs 1,236.7 crore. This growth in net profit was supported not only by an increase in revenue but also by a decrease in finance costs and an uptick in other income for the public defense company.

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Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the quarter grew by 7.3% from the year-ago period to Rs 1,640 crore, while margins saw a marginal expansion of 30 basis points to 27.4% from 27.1% in the same quarter last year.

Consequently, EBITDA margin expanded 30 basis points to 27.4 percent in Q2FY25, from 27.1 percent in Q2FY24.

HAL shares were trading 2.37 percent higher at Rs 4,161.85 per share. In comparison, BSE Sensex was trading 0.07 percent lower at 77,636.21 levels. 

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