India’s Hindustan Aeronautics posts 30% jump in quarterly profit as order execution improves

FILE PHOTO: Hindustan Aeronautics Limited (HAL) Tejas Mark 1A, a light combat aircraft takes off ahead of its maiden flight at HAL Nashik, India, October 17, 2025. REUTERS/Francis Mascarenhas/File Photo · Reuters

Reuters

Thu, 12 February 2026 at 5:20 pm GMT+9 1 min read

In this article:

HAL.NS

+0.44%

AIR.PA

+1.52%

SAF.PA

+0.89%

Feb 12 (Reuters) - Indian warplane maker Hindustan Aeronautics reported a nearly 30% rise in ‌third-quarter profit on Thursday, supported by higher ‌deliveries on previously won orders.

Shares of HAL, as the company ​is popularly known, turned positive to trade 0.4% higher. They were down 1.1% before the results.

WHY IT MATTERS

India has stepped up efforts to upgrade everything ‌from arms to ⁠defence aircraft, with a focus on boosting local production. HAL is one of the ⁠key beneficiaries of those efforts, winning new defence orders from the government, while also expanding commercial ​aircraft maintenance ​ventures with the likes ​of Airbus and Safran.

KEY ‌CONTEXT

Bengaluru-based HAL manufactures the Tejas light combat aircraft used by the Indian airforce as well as helicopters and aircraft engines. Ahead of the numbers, some analysts said improved order execution and easing ‌supply chain issues were likely ​to aid the company’s ​earnings.

BY THE NUMBERS

HAL ​posted a profit of 18.67 billion ‌rupees ($206.1 million), up from 14.66 ​billion rupees ​the year before.

Quarterly revenue rose 10.7% to 76.99 billion rupees.

The company’s share of profit from ​joint ventures more ‌than doubled to 127.8 million rupees.

($1 = 90.5720 ​Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; ​Editing by Nivedita Bhattacharjee )

Terms and Privacy Policy

Privacy dashboard