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Hindustan Aeronautics sees record Rs 24K-crore revenue in FY22

Income likely to continue flowing in from helicopters and Tejas light fighter

HAL, hindustan aeronautics
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HAL said the second wave of Covid-19 had compelled it to declare a phased lockdown at various divisions in April and May 2021

Ajai Shukla New Delhi
Public sector aeronautics giant Hindustan Aeronautics (HAL) said on Friday that it has recorded its highest ever revenue of over Rs 24,000 crore (provisional and unaudited) in financial year 2021-22 (FY22).
 
A HAL release announced that this amounted to a 6 per cent revenue growth over the turnover of the previous year, which stood at Rs 22,755 crore.
 
Driving HAL’s record revenue was the production of 44 new helicopters/aircraft, 84 new engines, and the overhauling of 203 aircraft/helicopters and 478 engines.
 
HAL’s income has grown steadily from Rs 19,700 crore in FY19 to surpass the Rs 20,000 crore mark in