{"id":5001,"date":"2024-11-14T14:45:19","date_gmt":"2024-11-14T09:15:19","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5001"},"modified":"2024-11-14T14:45:20","modified_gmt":"2024-11-14T09:15:20","slug":"hal-q2-net-profit-surges-22-to-rs-1510-crore-stock-gains-over-2","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/hal-q2-net-profit-surges-22-to-rs-1510-crore-stock-gains-over-2\/","title":{"rendered":"HAL Q2 Net Profit Surges 22% to Rs 1,510 Crore, Stock Gains Over 2%"},"content":{"rendered":"\n<p>Hindustan Aeronautics Ltd (HAL) reported a strong Q2 performance, with consolidated net profit rising 22.14% year-on-year to Rs 1,510.49 crore for the quarter ending September 2024. This compares to a net profit of Rs 1,236.67 crore in the same period last year. HAL\u2019s total revenue increased by 6% to Rs 5,976.3 crore, up from Rs 5,635.7 crore in Q2 FY24.<\/p>\n\n\n\n<p>The company\u2019s EBITDA also grew 7.3% to Rs 1,604 crore, with the margin slightly improving to 27.4% from 27.1% in the prior-year quarter. Following the results, HAL shares rose by over 2% to Rs 4,148.85 on the NSE.<\/p>\n\n\n\n<p>HAL has been in the limelight over the last few years as India has been pushing for self-reliance with prime minister Narendra Modi also talking about HAL&#8217;s achievements this year by citing the company&#8217;s record Q4 profit of Rs 4,000 crore as a shining example of India&#8217;s successful public sector enterprises.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/hal-q2-results-net-profit-jumps-22pc-to-rs-1510-5-crore-12867337.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/hal-q2-results-net-profit-jumps-22pc-to-rs-1510-5-crore-12867337.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Aeronautics Ltd (HAL) reported a strong Q2 performance, with consolidated net profit rising 22.14% year-on-year to Rs 1,510.49 crore for the quarter ending September 2024. This compares to a net profit of Rs 1,236.67 crore in the same period last year. HAL\u2019s total revenue increased by 6% to Rs 5,976.3 crore, up from Rs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[678],"class_list":["post-5001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-hal-q2-result"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5001"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5001\/revisions"}],"predecessor-version":[{"id":5003,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5001\/revisions\/5003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5002"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}