Hindustan Aeronautics reports higher earnings and revenue, while EBITDA margin narrows to 22.8%
Hindustan Aeronautics Limited (HAL) reported a 16% year-on-year increase in consolidated net profit to ₹1,936 crore for the second quarter of FY2026–27, supported by higher revenue from operations.
The defence public sector undertaking had recorded a net profit of ₹1,669 crore in the corresponding quarter of the previous financial year.
Revenue from operations increased 14.8% to ₹7,613 crore during the September quarter, compared with ₹6,629 crore a year earlier.
However, operating margins remained under pressure as expenses increased. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 11.6% to ₹1,739 crore.
The EBITDA margin declined to 22.8% from 23.5% in the year-ago period, reflecting pressure on operating profitability.
Total expenses increased to ₹6,132 crore from ₹5,296 crore in the corresponding quarter last year.
For the first half of FY27, HAL reported net profit of approximately ₹3,420 crore, up more than 12% year-on-year, while revenue grew nearly 15% to ₹13,128 crore.
The results indicate continued revenue and profit growth at HAL, although rising expenses and narrower operating margins remain key factors in its financial performance.
