{"id":4183,"date":"2019-11-14T07:20:03","date_gmt":"2019-11-14T07:20:03","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=4183"},"modified":"2019-11-14T07:20:03","modified_gmt":"2019-11-14T07:20:03","slug":"hal-net-profit-surges-in-q2","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=4183","title":{"rendered":"HAL net profit surges in Q2"},"content":{"rendered":"<p><strong>Bengaluru,<\/strong> State-run defence major Hindustan Aeronautics Ltd (HAL) reported Rs 621-crore net profit for the second quarter (Q2) of fiscal 2019-20, registering a 116 per cent annual growth from Rs 287 crore in the same period a year ago.<\/p>\n<p>Sequentially, net profit, however, rose 10 per cent to Rs 621 crore from Rs 564 crore a quarter ago.<\/p>\n<div id=\"playstream_out\" class=\"playstream_out\">\n<div class=\"video-container\">\n<div id=\"ad_container\">The city-based aerospace firm said in a statement that revenue from sales grew 32 per cent annually to Rs 3,451 crore from Rs 2,610 crore in the like period a year ago.<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Our performance is a result of streamlining the production to even out seasonality of business leading to bunching of revenue during the third and fourth quarters of a fiscal,&#8221; said the statement.<\/p>\n<p>Sequentially, revenue rose 5 per cent to Rs 3,451 crore from Rs 3,291 crore a quarter ago.<\/p>\n<p>Though the company filed the quarterly results on the BSE on November 11, it shared the details with the media belatedly on Wednesday.<\/p>\n<p>HAL shares with a face value of Rs 10 closed at Rs 802.25 on Wednesday on the BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru, State-run defence major Hindustan Aeronautics Ltd (HAL) reported Rs 621-crore net profit for the second quarter (Q2) of fiscal 2019-20, registering a 116 per cent annual growth from Rs 287 crore in the same period a year ago. Sequentially, net profit, however, rose 10 per cent to Rs 621 crore from Rs 564 crore [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-4183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4183"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4183\/revisions"}],"predecessor-version":[{"id":4186,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4183\/revisions\/4186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/4185"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}