Bengaluru, May 27 (IANS) 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 standalone sales turnover of Rs 19,705 crore for the fiscal under review (2018-19), an annual growth of 7.8 per cent from Rs 18,284 crore in the fiscal 2017-18," said the city-based defence behemoth in a statement here.
The company has already paid an interim dividend of Rs 662 crore for the last fiscal to the shareholders, including the central government.
"Though the order book position for the new fiscal (2019-20) is at Rs 58,000 crore, we expect fresh orders for the Light Combat Aircraft (LCA) Tejas and the Light Combat Helicopters (LCH) during this fiscal," said the company in the statement./Eom/140 words.
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz