January 24, 2021 17:52 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Netaji an inspiration for Atmanirbhar Bharat and Sonar Bangla': PM Modi in Kolkata | Mamata Banerjee bursts into fury at Netaji event at Victoria Memorial before PM Modi, protests 'insult' | India should have four capitals including Kolkata: Mamata on Netaji's 125th birth anniversary | Bihar: One killed, 12 injured in bus accident in Vaishali | Himachal: BJP fails to get majority in Hamirpur Zila parishad
HAL registers 32 pc growth in the second quarter 

HAL registers 32 pc growth in the second quarter 

India Blooms News Service | @indiablooms | 13 Nov 2019, 12:20 pm

Bengaluru/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.