#HindustanAeronautics (HAL) reports #Q4Results

▶️Net profit up 52.2% at ₹4,308.7 cr vs ₹2,831.2 cr (YoY)
▶️Revenue up 18.2% at ₹14,768.7 cr vs ₹12,494.7 cr (YoY)
▶️EBITDA up 81.8% at ₹5,901.1 cr vs ₹3,245.8 cr (YoY)
▶️Margin at 40% vs 26% (YoY)

Brokerage Radar

CLSA on #HindustanAeronautics maintains Outperform with target price of Rs 4,731

Nomura on #M&M maintains Buy with target price of Rs 3,417

JPMorgan on #DLF maintains Overweight; hikes target price to Rs 1,000 from Rs 925

#HindustanAeronautics rises more than 3% after co gets #cabinet approval for procurement of 240 aero-engines for Su-30 MKI aircraft worth Rs 26,000 cr

#JustIN | #HindustanAeronautics likely to get #Maharatna status by year-end

🔴Hindustan Aeronautics currently is a "Navratna" PSU

Alert: Oil India was the last company to get a Maharatna status in August 2023

#HindustanAeronautics may just become the next state-run company to be accorded a "#Maharatna" status

#Government sources told CNBC-TV18 that HAL may be upgraded to a "Maharatna" category PSU by the end of the year