HAL Shares Slump 3% Ahead Of Q2 Earnings: What To Expect
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Hindustan Aeronautics Ltd’s (HAL) share price was sinking on Thursday morning ahead of the company’s September quarter earnings scheduled to be released later today. On average analysts expect the company post to post a revenue of ₹6,210 crore with a net profit of ₹1,395 crore.

What To Expect: PhillipCapital forecasts HAL to post a 15% year-on-year sales growth for Q2FY25, estimating revenue of ₹6,481 crore. The brokerage attributes this growth to strong execution in services — notably repair, overhaul and maintenance — alongside some manufacturing order deliveries.

EBITDA margin is projected to remain steady at 26%, aligning with last year’s performance, and net profit is expected at ₹1,393.6 crore.

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EstimatesRevenueProfit
PhillipCapital6,4811,393
Antique Broking6,199.41,411.2
Nirmal Bang5,9731,350
Sharekhan6,1991,411
PL Capital6,199.31,412
Average6,2101,395
All figures in ₹ crore.

In contrast, Antique Broking anticipates a 10% growth in HAL’s revenue for the quarter, pegging it at ₹6,199.4 crore. The brokerage expects a slight 87 basis point expansion in HAL’s EBITDA margin and a net profit of ₹1,411.2 crore.

Price Action: HAL’s share price was down 3.48% to trade at ₹3,925.35 in early trade on Thursday.

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