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Hindustan Aeronautics (HAL) investor relations material
Hindustan Aeronautics Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Board approved audited standalone and consolidated results for the quarter and half year ended 30 Sep 2026; statutory auditors issued unmodified opinions.
Q2 consolidated revenue and net profit increased YoY; provisional pricing and joint-venture uncertainties remain notable.
Financial highlights
Q2 standalone revenue from operations was Rs 761,311 lakh vs Rs 662,846 lakh YoY; net profit was Rs 183,904 lakh vs Rs 166,252 lakh.
Q2 consolidated revenue from operations was Rs 761,325 lakh vs Rs 662,861 lakh YoY; net profit was Rs 193,564 lakh vs Rs 166,905 lakh.
H1 standalone revenue was Rs 1,312,839 lakh vs Rs 1,144,760 lakh; net profit was Rs 341,965 lakh vs Rs 303,967 lakh.
H1 consolidated net profit was Rs 352,530 lakh vs Rs 305,282 lakh; total comprehensive income was Rs 362,703 lakh vs Rs 313,580 lakh.
Segment performance
Defence-production government companies are exempt from applying Ind AS 108 on operating segments.
- Record turnover and higher PBT, offset by lower PAT and a major share buyback.HAL
Q4 15/16 - Record FY10 profit and dividend, supported by a large order book and expanding aircraft programmes.HAL
Q4 09/10 - Record sales and output, backed by a ₹68,265 crore order book, with execution and tax risks.HAL
Q4 10/11 - Record turnover and earnings, with execution and audit risks in focus.HAL
Q4 11/12 - Profit rose, but disputed revenue recognition put reported results under scrutiny.HAL
Q4 12/13 - Record turnover and aircraft milestones, despite lower profits and material execution risks.HAL
Q4 14/15 - Record turnover and Tejas IOC marked a year of growth, but PAT declined as tax provisions rose.HAL
Q4 13/14 - Record turnover and higher profit accompanied major production and R&D milestones.HAL
Q4 16/17 - Turnover grew, profits fell, and the ₹61,123 crore order book supported a strong program pipeline.HAL
Q4 17/18
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