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Hindustan Aeronautics Limited (HAL) has said that its turnover for fiscal 2015-16 surged to an all-time high of Rs 16,524 crore.
Moreover, the exports of the company stood at Rs 401 crore for the year.
T Suvarna Raju, HAL Chairman and Managing Director has said in a company release that “It is an all-time high with PBT (profit before tax) standing at Rs 3,210 crore for the year.”
For fiscal 2014-15, the company had achieved a turnover of Rs 15,622 crore and PBT of Rs 3,173 crore.
According to him all 12 Su-30 MKI aircraft produced during the year were from raw material phase, whereas production of 17 Hawk aircraft has been the highest ever achieved in a year.
