HAL Share Price Rise As Q2 PAT Jumps 22% to ₹1,510 Crore

On November 14, 2024, Hindustan Aeronautics Ltd (HAL), a prominent Indian aerospace and defence firm, reported a rise in net profit for the July-September quarter, driven by higher revenue, lower finance costs, and increased other income.

Q2 FY25 Financial Highlights

For the quarter, Hindustan Aeronautics reported a 7.3% increase in Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA), reaching ₹1,640 crore.

The company also saw a slight margin improvement of 30 basis points, rising to 27.4% from 27.1% in the same period last year.

Additionally, provisions for the quarter dropped to ₹250 crore from more than ₹400 crore in the previous year, further boosting profitability.

The increase in material costs to over ₹3,000 crore during the September quarter, up from ₹1,967 crore in the same period last year, kept the EBITDA margin under control.

Share Price Performance

On November 18, 2024, Hindustan Aeronautics’ share price traded 0.74% higher at ₹4,117.20 at 1:15 PM on NSE. The stock opened at ₹4,189.95 up from its previous close of ₹4,087.05. The share price rose to the day’s high of ₹4,248, in the early session today.

About Hindustan Aeronautics

Hindustan Aeronautics Ltd. is a premier aerospace and defense company based in India, specialising in the design, development, manufacturing, and maintenance of aircraft, helicopters, and avionics. Established in 1940, HAL is a key player in the Indian defence industry, supporting the Indian Armed Forces with a wide range of aviation solutions.

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