HAL Posts Q4 Profit Climb On Defence Aircraft Demand
Hindustan Aeronautics Ltd (HAL) HAL reported a rise in fourth-quarter profit on Thursday, helped by demand for its aircraft from the country’s defence ministry.Consolidated net profit rose 52% year-on-year to 43.09 billion rupees ($516.2 million) for the three months ended March 31.Capital goods and manufacturing companies have benefited throughout fiscal 2024 from the Indian government’s push