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​HAL posts Rs174 billion in annual revenue

Hindustan Aeronautics (HAL) generated revenues of Rs174 billion ($2.6 billion) in the financial year ended 31 March 2017, while receiving orders of Rs210 billion.

The government-owned airframer revealed the performances figures in a brief statement. Sales for the 12 months to 31 March were Rs167 billion.

"It is business as usual for us with the company doing well on expected lines," says company chairman Suvarna Raju.

During the year, HAL produced 12 Sukhoi Su-30 MKI aircraft, 24 Dhruv helicopters, and 178 aerostructures. The company also conducted overhaul work on 197 aircraft and helicopters, as well as 473 engines.

HAL's orders for the year included 12 Do-228s for the Indian navy, 32 Dhruvs for the navy and coastguard, and AL-31FP engines for the air force's Su-30 MKIs.

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