Aerospace giant Hindustan Aeronautics Ltd (HAL) has recorded the highest ever revenue of over Rs 24,000 crore (provisional and unaudited) for the financial year ending March 31, 2022, registering a 6 % revenue growth over the previous financial year. The corresponding figure for the previous year stood at Rs 22,755 crore.
“Despite the challenges of the second wave of Covid-19 during the first quarter of the year and the consequent production loss, the Company could meet the targeted revenue growth with improved performance during the balance period of the year”, said R Madhavan, Chairman & Managing Director, HAL.
HAL achieved record revenue with the production of 44 new helicopters/aircraft, 84 new engines, overhauled 203 aircraft/helicopters and 478 engines.
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