HAL Reports FY 2024-25 Revenue of INR 30,400 Crore Amid Delivery Challenges
Hindustan Aeronautics Limited (HAL) reported a provisional and unaudited revenue of INR 30,400 crore for the financial year ending March 31, 2025, maintaining figures close to the previous year's revenue of INR 30,381 crore.
According to HAL, the revenue was impacted by delays in the delivery of the Light Combat Aircraft (LCA) due to engine supply constraints and the Advanced Light Helicopter (ALH) following a grounding incident in January 2025. "The deliveries of other products and services were accelerated, which helped us to maintain the top line," said HAL Chairman and Managing Director D K Sunil.
HAL’s order book grew significantly, reaching INR 1,84,000 crore by the end of the financial year, compared to INR 94,129 crore at the start of the period. The company secured new manufacturing contracts worth INR 1,02,000 crore and repair and overhaul (ROH) contracts totaling INR 17,500 crore. A key contract signed with the Ministry of Defence involves the supply of 156 Light Combat Helicopters (LCH) Prachand, valued at INR 62,777 crore.
Additional contracts signed during the year include orders for 12 Su-30 MKI aircraft, mid-life upgrades of 40 Do-228 aircraft, supply of 240 AL31FP engines for Su-30 MKI fighters, and an avionics upgrade for an IL-78 aircraft. The first AL31FP engine was delivered within a month of signing the contract.
To support increasing orders, HAL expanded its production infrastructure by setting up additional LCA and HTT-40 production lines and enhancing aero engine capacity at Koraput. With supply chain stabilization and new production capabilities, the company aims for improved financial and operational performance in FY 2025-26.