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HAL net up 14.8% for fiscal 2018-19

HAL net up 14.8% for fiscal 2018-19

🕔10:09, 28.May 2019

Bengaluru, May 28  State-run Hindustan Aeronautics Ltd (HAL) on Monday reported Rs 2,282-crore standalone net profit for the fiscal 2018-19, registering 14.8 per cent annual growth from Rs 1,987 crore in the previous fiscal 2017-18. “We achieved an all-time high

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State-run HAL posts 6% higher revenue in 2018-19

State-run HAL posts 6% higher revenue in 2018-19

🕔17:08, 1.Apr 2019

Bengaluru, April 1  State-run Hindustan Aeronautics Ltd (HAL) on Monday reported revenue of Rs 19,400 crore (provisional) for the just-concluded financial year 2018-19, registering 6 per cent annual growth over Rs 18,284 crore on this account in fiscal 2017-18. In

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HAL delivers three Dhruv choppers to army

HAL delivers three Dhruv choppers to army

🕔13:07, 23.Feb 2019

Bengaluru, Feb 23 State-run defence behemoth Hindustan Aeronautics Ltd (HAL) on Friday delivered three Advanced Light Helicopters (ALH Dhruv Mk-3) to the Indian Army as part of its contract for making 22 of these. “We have handed over the documents of

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HAL to display is prowess at Aero India

HAL to display is prowess at Aero India

🕔07:00, 15.Feb 2019

Bengaluru, Feb 15  Hindustan Aeronautics Limited (HAL) would showcase its prowess at the five-day 12th edition of ‘Aero India 2019’ expo, starting here on February 20, to hard sell its military aircraft and helicopters, a top official said on Thursday.

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HAL net down 17% in Q3

HAL net down 17% in Q3

🕔11:49, 12.Feb 2019

Bengaluru, Feb 12  State-run Hindustan Aeronautics Ltd (HAL) on Monday reported a standalone net profit of Rs 455 crore for the third quarter of 2018-19, a 17 per cent decline from Rs 549 crore in the same period a year ago.

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HAL taps wind to power its Bengaluru facilities

HAL taps wind to power its Bengaluru facilities

🕔19:39, 25.Jan 2019

Bengaluru, Jan 25  State-run Hindustan Aeronautics Ltd (HAL) on Friday said it has opened a wind energy plant in Karnataka’s northwestern Bagalkot district to power its facilities in Bengaluru. “The power generated from the plant will cater to about 25

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HAL’s light combat copter completes weapon trials

HAL’s light combat copter completes weapon trials

🕔13:13, 17.Jan 2019

Bengaluru, Jan 17  The Light Combat Helicopter (LCH) developed by state-run Hindustan Aeronautics Ltd (HAL) has completed weapon trials and is ready for operational induction, the defence behemoth said on Thursday. “The LCH achieved a milestone by carrying out air-to-air

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Cash-strapped HAL takes Rs 962-crore overdraft

Cash-strapped HAL takes Rs 962-crore overdraft

🕔13:10, 7.Jan 2019

Bengaluru, Jan 7  Cash-strapped state-run Hindustan Aeronautics Ltd (HAL) on Sunday said it had taken an overdraft of Rs 962 crore. “With anticipated collection up to March, the cash position is expected to improve. Orders for LCA (Light Combat Aircraft)

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HAL test flies light copter up to 6km altitude

HAL test flies light copter up to 6km altitude

🕔19:01, 10.Dec 2018

Bengaluru, Dec 10  State-run Hindustan Aeronautics Ltd (HAL) has test flown a prototype of its Light Utility Helicopter (LUH) up to 6km altitude, the defence behemoth said on Monday. “The LUH has achieved a milestone of flying at 6km altitude

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HAL to roll out more Tejas fighters from new facility

HAL to roll out more Tejas fighters from new facility

🕔10:16, 3.Nov 2018

Bengaluru, Nov 3  State-run aerospace major Hindustan Aeronautics Ltd (HAL) will roll out more Light Combat Aircraft (LCA) Tejas from its new production facility at Nashik in Maharashtra, a top official said on Friday. “We are setting up a new

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HAL to pursue growth opportunities despite challenges

HAL to pursue growth opportunities despite challenges

🕔08:08, 29.Sep 2018

Bengaluru, Sep 29 State-run Hindustan Aeronautics Ltd (HAL) will pursue growth opportunities despite facing challenges, said a top official of the aerospace major on Friday. “We are committed to pursue growth opportunities in spite of the challenges,” HAL’s new Chairman

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India’s aviation industry needs a new model

India’s aviation industry needs a new model

🕔11:16, 4.Jul 2018

Indias aviation industry traces its roots to December 1940, when industrialist Walchand Hirachand established Hindustan Aircraft Limited (HAL) in Bangalore (now Bengaluru), with American technical assistance and capital and land provided by the Mysore government. Soon after the outbreak of

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HAL revenue up 2% to Rs 18,000 cr in FY 2018

HAL revenue up 2% to Rs 18,000 cr in FY 2018

🕔10:29, 3.Apr 2018

Bengaluru, April 3  State-run Hindustan Aeronautics Ltd (HAL) on Monday reported Rs 18,000 crore revenue for fiscal 2017-18, registering 2.2 per cent annual growth. “According to the provisional and unaudited figures, sales turnover for the year ending March 31, 2018

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HAL public issue debuts to divest 10% equity stake

HAL public issue debuts to divest 10% equity stake

🕔20:15, 16.Mar 2018

Bengaluru, March 16  State-run Hindustan Aeronautics Ltd’s (HAL) initial public offering (IPO) opened on Friday with an aim to divest 10.2 per cent of its equity holding to raise about Rs 1,400 crore, said an official. “Our IPO is an

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No JVA between HAL, Dassault for Rafale: Govt

No JVA between HAL, Dassault for Rafale: Govt

🕔19:40, 12.Mar 2018

New Delhi, March 12  The government on Monday denied any joint venture agreement (JVA) had been signed between public sector defence firm Hindustan Aeronautics Limited (HAL) and Dassault Aviation under the MMRCA deal for 126 Rafale fighter jets from France.

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Hope to see India-Russia FGFA project through: HAL chief

Hope to see India-Russia FGFA project through: HAL chief

🕔10:43, 24.Oct 2017

New Delhi, Oct 24  Hindustan Aeronautics Limited (HAL) Chairman T. Suvarna Raju backed the India-Russia Fifth Generation Fighter Aircraft programme on Monday, saying it will bring home niche technology, even as the programme appears to be stuck over its high

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HAL to supply 41 Advanced Light Helicopters to Indian armed forces

HAL to supply 41 Advanced Light Helicopters to Indian armed forces

🕔13:21, 4.Sep 2017

Bengaluru, Sep 4  Hindustan Aeronautics Limited (HAL) has signed a Rs 6,100 crore contract to supply 41 Advanced Light Helicopters (ALH) to the Indian Army and one to the Navy, an official statement said on Monday. “The latest order reflects

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India, Russia sign two agreements for Sukhois’ maintenance

India, Russia sign two agreements for Sukhois’ maintenance

🕔09:55, 18.Mar 2017

New Delhi, March 18  India and Russia on Friday signed two agreements for long-term support to the Su-30 MKI fleet of the Indian Air Force (IAF), which is expected to improve the maintenance and serviceability of the aircraft. One of

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HAL gets Israeli order for more Boeing cargo doors

HAL gets Israeli order for more Boeing cargo doors

🕔20:04, 18.Feb 2017

Bengaluru, Feb 18 (IANS) State-run Hindustan Aeronautics Ltd (HAL) received a fresh order from the Israeli Aerospace Industries (IAI) to supply eight sets of cargo doors for the main deck of Boeing 737, said an official of the defence behemoth on

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HAL must be modernised, if Tejas are to be saved

HAL must be modernised, if Tejas are to be saved

🕔10:22, 7.Jul 2016

If the recent induction of the indigenous Tejas Light Combat Aircraft (LCA) has received a muted welcome from the IAF, there are very good reasons for it. While the nation and the defence-industrial complex may celebrate a milestone in military

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