Bengaluru: Hindustan Aeronautics Limited (HAL) has reported strong financial performance for the second quarter and first half of FY 2026-27, with growth in revenue and profitability. The company’s audited financial results for the quarter and half year ended September 30, 2026, were approved by its Board of Directors at a meeting held on November 12, 2026.
On a standalone basis, HAL’s Profit After Tax (PAT) increased to Rs 1,839.04 crore in Q2 FY27, compared to Rs 1,662.52 crore in the corresponding quarter of the previous financial year, registering growth of approximately 10.6%.
Revenue from operations rose to Rs 7,613.11 crore from Rs 6,628.46 crore in Q2 FY26, an increase of around 14.9%.
For the first half of FY27, the company’s PAT stood at Rs 3,419.65 crore, compared to Rs 3,039.67 crore in H1 FY26, registering growth of approximately 12.5%. Revenue from operations increased to Rs 13,128.39 crore from Rs 11,447.60 crore, reflecting growth of around 14.7%.
HAL Q2 FY27 Financial Performance
HAL recorded growth across key financial parameters during the second quarter of FY 2026-27.
- Revenue from Operations: Rs 7,613.11 crore against Rs 6,628.46 crore in Q2 FY26.
- Total Income: Rs 8,602.71 crore against Rs 7,517.40 crore.
- Profit Before Tax (PBT): Rs 2,469.45 crore against Rs 2,220.45 crore.
- Profit After Tax (PAT): Rs 1,839.04 crore against Rs 1,662.52 crore.
- Earnings Per Share (EPS): Rs 27.50 against Rs 24.86, as per the financial results table.
The company’s EBITDA increased 11.6% to Rs 1,738 crore in Q2 FY27, compared to Rs 1,557 crore in the corresponding quarter last year. However, the EBITDA margin stood at 22.8%, compared to 23.5% in Q2 FY26.
Total expenses increased to Rs 6,132 crore during the quarter from Rs 5,296.64 crore in the year-ago period.
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H1 FY27 Revenue and Net Profit Show Strong Growth
HAL maintained its growth momentum during the first half of FY 2026-27, recording higher revenue and profitability.
The company’s standalone financial performance for H1 FY27 was as follows:
- Revenue from Operations: Rs 13,128.39 crore against Rs 11,447.60 crore in H1 FY26.
- Total Income: Rs 15,020.80 crore against Rs 13,085.48 crore.
- Profit Before Tax (PBT): Rs 4,594.73 crore against Rs 4,068.14 crore.
- Profit After Tax (PAT): Rs 3,419.65 crore against Rs 3,039.67 crore.
- Earnings Per Share (EPS): Rs 51.13 against Rs 45.45.
The growth reflects the company’s continued execution of defence and aerospace programmes and its contribution to India’s indigenous manufacturing capabilities.
HAL Consolidated H1 FY27 Performance
HAL also reported strong consolidated results for the first half of FY27, supported by contributions from its joint ventures.
The consolidated Profit After Tax stood at Rs 3,525.30 crore, while consolidated Earnings Per Share (EPS) was Rs 52.71 for H1 FY27.
The company’s statutory auditors, M/s B K Ramadhyani & Co. LLP, issued an unmodified audit opinion on both the standalone and consolidated financial results.
HAL Shares Trade Lower After Q2 Results
Following the announcement of its financial results, HAL shares were trading 2% lower at Rs 4,845.40 on the BSE.
The company’s market capitalisation stood at approximately Rs 3.24 lakh crore. Around 1.81 lakh shares changed hands on the exchange, with a total trading turnover of Rs 88.91 crore.
About Hindustan Aeronautics Limited
Hindustan Aeronautics Limited (HAL) is a leading aerospace and defence public sector enterprise under the Ministry of Defence, Government of India. The company is engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures. Its key products include Hawk, Light Combat Aircraft (LCA), SU-30 MKI, Intermediate Jet Trainer (IJT), Dornier and HTT-40.
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