Hindustan Aeronautics Ltd. (HAL) reported a 16% year-on-year (YoY) increase in consolidated net profit to Rs 1,936 crore in the September quarter of financial year 2027 (Q2FY27), as against Rs 1,669 crore in the corresponding quarter last year. The defence company's net profit came in ahead of analysts' estimates of Rs 1,899 crore.
Revenue from operations or top line increased 14.8% YoY to Rs 7,613 crore in Q2FY27, compared with Rs 6,629 crore a year ago. The revenue figure also exceeded the consensus estimate of Rs 7,483 crore.
However, earnings before interest, tax, depreciation and amortisation (EBITDA) rose 11.6% YoY to Rs 1,739 crore, falling short of the estimated Rs 1,924 crore. EBITDA margin contracted to 22.8% in Q2FY27 from 23.5% in the year-ago quarter, also below the estimated 25.7%.
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