Hindustan Aeronautics Limited (HAL) reported a 15.97% increase in consolidated profit for the September quarter. NDTV Profit reported that HAL’s EBITDA margin narrowed year over year and EBITDA grew more slowly than revenue.
HAL's audited results for the quarter and half-year ended Sept. 30, 2026, showed revenue from operations of Rs 7,613.25 crore, compared with Rs 6,628.61 crore a year earlier. Profit after tax totaled Rs 1,935.64 crore, up from Rs 1,669.05 crore. The respective increases were 14.85% and 15.97%.
The filing listed consolidated earnings per share at Rs 28.94, against Rs 24.96 in the year-earlier quarter. HAL's statutory auditors issued an unmodified opinion on the results.
NDTV Profit reported that revenue and net profit exceeded estimates of Rs 7,483 crore and Rs 1,899 crore, respectively. The outlet put EBITDA at Rs 1,739 crore, below its cited estimate of Rs 1,924 crore, despite an 11.6% year-over-year increase.
NDTV Profit also reported an EBITDA margin of 22.8%, down from 23.5% a year earlier and below its cited 25.7% estimate. The reported EBITDA growth rate was slower than the 14.85% increase in revenue.
