Saturday, Apr 20 2024 | Time 06:32 Hrs(IST)
image
Business EconomyPosted at: Nov 13 2019 6:13PM


HAL registers 32 pc growth in the second quarter ended Sept 30-2019

HAL registers 32 pc growth in the second quarter ended Sept 30-2019

Bengaluru, Nov 13 (UNI) Aviation major HAL has posted a strong financial performance registering a growth of 32 per cent on revenue from operations of Rs 3451 Crore for the quarter ended September 2019 as against Rs 2610 Crores earned during the same period last year.



The Profit After Tax (PAT) has also registered a growth of 116 per cent with Rs 624 Crores for the quarter ended September 2019 as compared to Rs 289 Crore for the quarter ended September 2018 primarily due to reduction in the Income Tax rates and re-measuring of its deferred tax liabilities, according to a HAL release here on Wednesday.



HAL is confident of maintaining the similar growth rate in revenue and profit for the current financial year as in previous year 2018-19.

UNI MSP ASN 1714

Please log in to get detailed story.
Tags: #HAL registers 32 pc growth in the second quarter ended Sept 30-2019
More News

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..

19 Apr 2024 | 5:24 PM

Mumbai, Apr 19 (UNI) IT major Wipro on Friday reported 7.80% year-on-year dip in consolidated net profit at Rs 2,834.6 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..
Rupee up 8 paise against USD

Rupee up 8 paise against USD

19 Apr 2024 | 5:05 PM

Mumbai, April 19 (UNI) The Rupee on Friday ended positive at 83.47, rising 8 paise against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
image