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HAL reports a turnover of Rs 14,316 cr for FY13

HAL reports a turnover of Rs 14,316 cr for FY13

Defence major Hindustan Aeronautics (HAL) on April 1 reported a turnover of Rs 14,316 crore for the financial year 2012-13, with a profit before tax of Rs 3,471 crore.
Announcing the provisional figures in Bangalore, the company declared an interim dividend to the tune of Rs 823 crore, 683 per cent of equity base of Rs 120.50 crore. The company said its performance is expected to earn it the 'excellent' score under the MoU with Government of India for the year.