HINDUSTAN AERONAUTICS IN THE NEWS AFTER THE COMPANY REPORTED STRONG QUARTERLY RESULTS

$HAL has reported a nearly 15% rise in Q1FY27 profit, buoyed by robust execution ​of defence orders and steady progress on project ‌deliveries. The state-run aerospace and defence company reported June-quarter net profit of Rs 1,590 crore, from Rs 1,384 crore a year earlier. Quarterly revenue from operations rose ​14% to Rs 5,515 crore as compared to the same quarter last year. Geopolitical tensions and the race to replenish depleted arsenals across Europe, Asia ​and the Middle East have set off a multiyear global surge in demand for missiles, aircraft, anti-drone systems, ammunition, rockets and high-energy materials.