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HAL’s turnover surged to Rs 16,524 crore for the financial year 2015-16.
“It is all time high with profit before tax (PBT) standing at Rs 3,210 crore for the year,” said T Suvarna Raju, CMD, Hindustan Aeronautics Ltd.
The production highlights of 2015-16 include 60 new aircraft and helicopters, overhauling of 229 aircraft and helicopters, 94 new engines, 446 engines overhauled and supply of 143 aerospace structures.
Raju said: “All 12 Su-30 MKI aircraft produced during the year were from raw material phase, while production of 17 Hawk aircraft is the highest-ever achieved in a year.”
On ‘Make in India’ front, 2,021 items were indigenised which will result in foreign exchange savings of Rs 126 crore annually. More than 300 imported systems and sub-systems have been hosted on HAL’s Web site (Make in India section) to enable private industries to take up indigenisation.
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