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HAL ACHIEVES DOUBLE-DIGIT REVENUE GROWTH WITH RS 29,810 CRORE IN FY2023-24
The Business Guardian
|April 02, 2024
HAL's order book surpasses Rs. 94,000 crores as of March 31, 2024, with significant orders expected for FY 2024-25, including fresh manufacturing contracts exceeding Rs. 19,000 crores and ROH contracts totalling over Rs. 16,000 crores secured in FY 2023-24.
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In a remarkable achievement, Hindustan Aeronautics Limited (HAL) has reported its highest-ever revenue from operations for the financial year ending March 31, 2024. Preliminary and unaudited figures indicate a staggering revenue of over Rs. 29,810 crores, marking a substantial growth of approximately 11 percent compared to the previous year's 9 percent. This achievement comes despite significant challenges in the supply chain resulting from geopolitical tensions.
As of March 31, 2024, HAL's order book surpasses Rs. 94,000 crores, with expectations of further major orders in the fiscal year 2024-25, as revealed by C.B. Ananthakrishnan, CMD (Additional Charge) of HAL. Notably, the company secured fresh manufacturing contracts exceeding Rs. 19,000 crores and Repair and Overhaul (ROH) contracts totalling over Rs. 16,000 crores during the fiscal year 2023-24.
Diese Geschichte stammt aus der April 02, 2024-Ausgabe von The Business Guardian.
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