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.
Tag: Hindustan Aeronautics
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HAL reports a turnover of Rs 14,316 cr for FY13
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Karnataka demands to reopen HAL airport
After Hindustan Aeronautics (HAL) approached the Centre seeking its nod to restart civilian aircraft operations from its airport, chorus in support of reopening the facility is growing. Industry representatives, former bureaucrats, aviation experts, the CMÂ’s advisor on urban affairs and a minister opine that Bangalore needs two airports. The HAL airport that had handled a large number of passengers a year before its closure is now used only for defence and VVIP flights.
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Intl Aerospace Manufacturing facility in Bangalore
International Aerospace Manufacturing a 50:50 joint venture of Hindustan Aeronautics (HAL) with Rolls-Royce of the UK, inaugurated its production facility in Bangalore recently.
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HAL to be the lead integrator in MMRCA project
Hindustan Aeronautics (HAL) would be the lead integrator for producing 108 multi-role combat aircraft in the country after French firm Dassault Aviation sought to play a bigger role in the multi-billion dollar project, said the Union Defence Ministry on January 21.
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Cabinet panel clears 10% stake sale in HAL
The Cabinet Committee on Economic Affairs has cleared the sale of 10 per cent equity of the government in Hindustan Aeronautics (HAL) through an initial public offering (IPO) in the domestic
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On an infrastructural upswing
The state government states that the growth rate of the state has been growing close to nine per cent, and very soon Kerala will become the fastest growing state in the country.