logo
appgoogle
EquityWireEarnings Review: HAL Q3 PAT up 29% on change in inventory, other income
Earnings Review

HAL Q3 PAT up 29% on change in inventory, other income

This story was originally published at 16:08 IST on 12 February 2026
Register to read our real-time news.
Earnings-Review-HAL-Q3-PAT-up-29-37-on-change-in-inventory-other-income

Informist, Thursday, Feb. 12, 2026

 

--HAL Oct-Dec net profit INR 18.52 bln 

--Analysts saw HAL Oct-Dec net profit at INR 18.34 bln

--HAL Oct-Dec revenue INR 76.99 bln 

--Analysts saw HAL Oct-Dec revenue at INR 76.41 bln 

--HAL Oct-Dec net profit INR 18.52 bln vs INR 14.33 bln year ago 

--HAL Oct-Dec revenue INR 76.99 bln vs INR 69.57 bln year ago 

--HAL to pay INR 35 per share interim dividend 

--HAL interim dividend record date Feb 18 

--HAL Apr-Dec net profit INR 48.91 bln vs INR 43.59 bln year ago 

--HAL Apr-Dec revenue INR 191.46 bln vs INR 172.81 bln year ago 

 

By Suryash Kumar

 

MUMBAI – Hindustan Aeronautics Ltd. posted a double-digit on year rise in its net profit for the December quarter, boosted by INR 11.16 billion negative spend on changes in inventory, work-in-progress, and stock-in-trade. The company had incurred an expense of INR 955 million on these heads in the corresponding quarter a year ago.  

 

The aircraft maker's net profit for the December quarter came in at INR 18.52 billion, up over 29% on year. The net profit was slightly more than analysts' expectation of INR 18.34 billion. The company's other income rose to INR to 9.14 billion, up nearly 45% on year. The company's revenue rose to INR 76.99 billion for the December quarter, up nearly 11% on year. Analysts had estimated a revenue of INR 76.41 billion. 

 

The company's total expenses for the quarter were up by 10.6% on year to INR 61.4 billion. The cost of materials consumed for the quarter rose 42.5% on year to INR 45.3 billion.

 

HAL reduced its impairment losses to INR 34 million from INR 93 million a year ago. The company's provisions also fell by 11.4% on year to INR 3.3 billion. The tax outgo increased by nearly 3% on year to INR 6.2 billion.

 

Employee benefit expenses also increased for the December quarter by 28.7% on year to INR 16.6 billionThe rise in employee cost was on account of recognising an additional liability of INR 321.7 million for the nine months ended December due to increased contribution to the pension scheme, the company said.   

 

The state-owned defence sector company also reassessed the loss of inventory towards customer-owned items due to the September 2022 floods to INR 189.6 million, down from INR 559 million on account of feedback received from original equipment manufacturers on the retrieval of the customer-owned items.

 

Hindustan Aeronautics declared an interim dividend of INR 35 per share for the financial year 2025-26 (Apr-Mar), with the record date for dividend as Feb. 18.

 

The company's net profit for nine months ended December was INR 48.91 billion, up over 12% on year. The revenue for nine months ended December was INR 191.46 billion, up nearly 11% on year.

 

Shares of the company closed at INR 4,158.90, up nearly 1% on the National Stock Exchange.  End

 

Edited by Vandana Hingorani

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillinkprint

Related Stories

Premium Stories

Subscribe