Hindustan Aeronautics Limited Quarter results has been released on 12 February 2024. Everyone is eagerly waiting for the HAL Q3 results 2024 which going to be announced shortly. There has been a curiosity among people to know more about the upcoming quarter results and expected predictions. Hindustan Aeronautics is a company that specializes in the manufacturing of aerospace vehicles like helicopters, fighter jets, and jet engines along with marine gas turbines. The industry expects to have a boom in upcoming years. Let us look at the quarter results of Hindustan Aeronautics Limited below.
HAL Q3 Results 2024 Net Sales, Revenue, Net Profit, and PAT
HAL Q3 results 2024 has been released on 12 February 2024 evening. HAL Q3 results came out to be profitable. The company made a profit of ₹1,261.5 Crore, with a 7% rise in the revenue to ₹6,061.3 Crore. HAL also introduces an interim dividend of ₹22 per equity share. The EPS for the quarter is ₹18.86.
In Q3 2023, the company made around ₹5,665 Crore of revenue from operations which was more than the previous quarter. The company had QoQ growth compared to YoY loss. The expenses were around ₹5,180 Crore which was increased a little in QoQ. However, it decreases yearly. The net profit for the company was ₹1,155 Crore. It increased yearly but decreased on a QoQ basis. The EPS was 34.55 which decreased on a QoQ basis increasing on a YoY basis. The profit increased on a QoQ basis but other things improved yearly.
In Q2 2024, the company’s revenue from operations increased to ₹5,635 Crore yearly leading to growth in Net Income to ₹6.,105 Crore. The expenses for the company increased to Rs 4,458 Crore which increased on both a yearly and quarterly basis. The PAT (Profit After Tax) was ₹1,236 Crore. There was a slight increase in the quarter results of the company. However, the QoQ was quite good. The EPS of the company for Q2 2024 was 18.49 increasing slightly on a QoQ basis. The shares of the company also went positive at that time in the market.
Hindustan Aeronautics Limited shares are going down today since the beginning of the Monday trade session. The share price is currently ₹2,911 per share which is fluctuating rapidly. The trade window opened with ₹2,975 per share taking a steep down but moving up eventually. The market cap is 1.95 Lakh Crore. The 52-week high is ₹3,132 with a 52-week low of ₹1,202.30. The P/E ratio of the company is 32.30. We will update you shortly with the quarter 3 FY 2024 results released by the evening. We hope you get enough details about HAL Q3 results 2024 results above.