FY 2024-25: Despite supply chain woes, HAL registers revenue of Rs. 30,400 crore, builds capacities

Bengaluru, April 1. Hindustan Aeronautics Limited (HAL) has reported a revenue of Rs. 30,400 crore (provisional and unaudited) for the financial year ending March 31, 2025, slightly surpassing the previous year’s revenue of Rs. 30,381 crore.

Despite setbacks in the delivery schedules of the Light Combat Aircraft (LCA) and Advanced Light Helicopter (ALH), HAL managed to sustain its revenue figures. The company faced delays in LCA deliveries due to engine shortages, while ALH production was impacted by a January 2025 accident that led to fleet grounding. However, accelerated deliveries of other products and services helped offset these challenges, according to DK Sunil, Chairman and Managing Director of HAL.

Over the past year, HAL significantly expanded its order book, which now stands at Rs. 1,84,000 crore – nearly double its opening order book of Rs. 94,129 crore. The company secured new manufacturing contracts worth Rs. 1,02,000 crore and repair, overhaul, and maintenance (ROH) contracts worth Rs. 17,500 crore during FY 2024-25. A major milestone was the signing of a Rs. 62,777 crore contract with the Ministry of Defence (MoD) for the supply of 156 Prachand Light Combat Helicopters (LCHs), marking the largest-ever procurement deal between HAL and the MoD.

Key highlights of the year included HAL becoming the first defence public sector undertaking (PSU) to achieve ‘Maharatna’ status. Additionally, the company secured contracts for 12 additional Su-30 MKI aircraft, the mid-life upgrade (MLU) of 40 Do-228 aircraft, the supply of 240 AL-31FP engines for the Su-30 MKI fleet, and an avionics upgrade for an IL-78 aircraft. Notably, the first AL-31FP engine was delivered within a month of contract signing.

With supply chain disruptions easing, a strong order pipeline, and increased production capacity – including additional LCA and HTT – 40 assembly lines and enhanced aero-engine manufacturing at Koraput, HAL is poised for improved operational and financial performance in FY 2025-26.