Hindustan Aeronautics Ltd's Q3FY25 Quarterly Results

Result Summary

• Hindustan Aeronautics Ltd reported a 16.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 16.4%.
• Its expenses for the quarter were up by 23.0% QoQ and 20.8% YoY.
• The net profit decreased 4.7% QoQ and increased 14.1% YoY.
• The earnings per share (EPS) of Hindustan Aeronautics Ltd stood at 21.5 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Aeronautics Ltd (HAL) is a prominent Indian aerospace and defense company, primarily engaged in the business of designing, manufacturing, and assembling aircraft, helicopters, and their related systems. The company operates within the defense sector, contributing significantly to India's armed forces by providing advanced aerospace solutions. HAL is renowned for its involvement in both military and civilian aviation projects and has been a pivotal player in India's aerospace industry. As of recent developments, the company has been focusing on expanding its product line and enhancing its manufacturing capabilities to meet both domestic and international demand. However, specific details on recent projects or contracts are not available in the provided data.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Hindustan Aeronautics Ltd reported a total income of ₹7,588.71 crores. This marks a significant increase of 16.4% compared to the previous quarter (Q2FY25), where the total income was ₹6,518.70 crores. The company has also shown a similar year-over-year (YoY) growth of 16.4% compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹6,521.26 crores. This consistent growth pattern indicates a strong revenue performance over the observed periods.

Profitability

During Q3FY25, the profit before tax (PBT) for Hindustan Aeronautics Ltd reached ₹2,036.75 crores, reflecting a 1.3% increase from the previous quarter's PBT of ₹2,010.67 crores. Year-over-year, the PBT grew by 21.0% from ₹1,682.78 crores in Q3FY24. The tax expenses also saw a rise, with a total of ₹602.39 crores in Q3FY25, marking a 17.6% increase quarter-over-quarter and a significant 40.8% increase YoY. The company's profit after tax (PAT), however, decreased by 4.7% from ₹1,510.49 crores in Q2FY25 to ₹1,439.79 crores in Q3FY25, although it showed a 14.1% increase YoY from ₹1,261.51 crores in Q3FY24. Earnings per share (EPS) also decreased by 4.9% quarter-over-quarter, from ₹22.60 to ₹21.50, yet increased by 13.8% year-over-year from ₹18.90.

Operating Metrics

Hindustan Aeronautics Ltd experienced a notable increase in total expenses, which rose by 23.0% from ₹4,513.92 crores in Q2FY25 to ₹5,551.96 crores in Q3FY25. Year-over-year, the total expenses increased by 20.8% from ₹4,596.42 crores in Q3FY24. This rise in expenses is a significant factor that might have impacted the company's profit margins despite the growth in total income. The company's financial performance shows a robust revenue growth pace, yet the increase in costs indicates potential areas for efficiency improvements.