HAL Q1 results preview: Net profit to grow 14%, margin to improve by 130 bps

HAL Q1 results preview: State-run aerospace and defence company Hindustan Aeronautics Ltd (HAL) is all set to report its financial results for the April-June period today, August 11. Analysts expect the Bengaluru-based company to stage a strong quarterly performance driven by robust order execution. According to Zee Business research, HAL is likely to report a consolidated net profit of Rs 706 crore for the first quarter of the current financial year, translating to an increase of 13.9 per cent compared with the corresponding period a year ago.

The analysts estimate the company's revenue growth at 14 per cent on a year-on-year basis to Rs 4,130 crore, aided by improved execution and a healthy net cash position.HAL is expected to report Rs 995 crore in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the three-month period as against Rs 826.3 crore for the year-ago period, according to the research. Zee Business analysts estimate the company's margin — a key measure of profitability for a business — to improve to 24.1 per cent for the quarter ended June 2023 from 22.8 per cent for the quarter ended June 2022. The analysts expect strong deliveries from the company's services segment.

HAL share price history

HAL shares have grown more than 60 per cent in the past year, sharply outperforming an nearly 11 per cent rise in the benchmark Nifty index.

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