Bengaluru (Karnataka) [India], March 31 (ANI): Hindustan Aeronautics Limited (HAL) recorded a revenue of Rs 30,400 crore (provisional and unaudited) for the financial year that ended March 31, 2025, as against Rs 30,381 crore during the previous year.
“This achievement was despite the shortfall in deliveries of LCA and ALH. The deliveries of LCA were affected due to the non-availability of engines. The ALH delivery schedule also got hit due to the accident in January 2025 and the subsequent grounding of the fleet. However, the deliveries of other products and services were accelerated, which helped us to maintain the top line,” said Dr. DK Sunil, the Chairman and Managing Director (CMD) of HAL.
With the company’s order book significantly improving in the last 12 months, HAL used the year to add capacities, as additional lines for LCA and HTT-40 were set up, besides augmenting the aero engine capacity at Koraput. The order book stood at Rs 1,84,000 crore as against the opening order book position of Rs 94,129 crore after adjusting for the current year’s liquidation.
During FY 2024-25, HAL received new manufacturing contracts worth Rs 1,02,000 crore and ROH contracts worth Rs 17,500 crore. Recently, the company signed a contract with the Ministry of Defence (MoD) for the supply of 156 LCH Prachand helicopters worth Rs 62,777 crore. This marks the single biggest procurement by the MoD from HAL to date.
Other key highlights of 2024-25 include HAL becoming the first Defence PSU to achieve the prestigious `Maharatna’ status, contracts signed for the supply of an additional 12 Su-30 MKI aircraft, the mid-life upgrade (MLU) of 40 Do-228 aircraft, the supply of 240 AL31FP engines for Su-30 MKI aircraft, and the avionics upgrade of one IL-78 aircraft. The first AL31FP engine was handed over within one month of the contract signing.
With supply chain issues stabilizing, new orders in hand, and the enhancement of capacities, HAL is gearing up for a more robust physical and financial performance in FY 2025-26. (ANI)
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