India's Hindustan Aeronautics, a state-run aerospace and defence firm, reported a 5.5% year-on-year rise in fourth-quarter profit on Thursday, helped by a surge in its "other income" segment.
* The company's net profit rose to ₹4,196 crore ($438.32 million) for the quarter ended March 31, from ₹3,977 crore a year earlier.
* Other income rose sharply by 76.6% to about ₹1,151 crore, boosting overall profitability. The company did not specify what accounted for the jump in this category.
* Revenue from operations rose 1.7% to ₹13,942 crores.
* Analysts at Antique Stock Broking said fiscal 2027 could be an inflection point for HAL, driven by a pick-up in Tejas Mk1A deliveries as engine supply issues ease.
* However, total gross expenses increased about 5.4% year-on-year, driven by higher material costs.
* Shares of HAL jumped as much as 4.1% after the results and were trading 1.9% higher in the afternoon. The stock has risen about 6% so far this year.
Published on May 14, 2026