Hindustan Aeronautics Limited said on Thursday evening that it will release its earnings for the September quarter on November 14.
“This is to inform that a meeting of the board of directors of the company will be held on Thursday, November 14, 2024, to consider the financial results of the company for the quarter and half-year ended September 30, 2024,” the company said in an exchange filing.
What To Expect: PhillipCapital expects Hindustan Aeronautics Limited (HAL) to report a 15% year-on-year growth in sales for Q2FY25 at ₹6,481 crore, driven by strong execution in the services segment, particularly in repair, overhaul and maintenance, along with deliveries of some manufacturing orders.
The brokerage forecasts HAL’s EBITDA margin to remain steady at 26%, consistent with the previous year’s margin.
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As per the brokerage firm, the company’s net profit for the quarter is likely to come in at ₹1,393.6 crore.
Antique Broking, on the other hand, expects the company to see a more moderate growth in the July-September quarter. The analyst expects the defence major’s revenue to grow 10% to ₹6,199.4 crore. The brokerage expects the company’s EBITDA margin to expand by 87 basis points. It pegs net profit at ₹1,411.2 crore.
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