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Hindustan Aeronautics Ltd (HAL) has achieved a turnover of Rs 14,316 crore during the financial year (FY) 2012-13.
The company’s profit before tax for the FY 2012-13 stands at Rs 3,471 crore and has declared an interim dividend of Rs 823 crore.
“We strive to live up to the expectations of our stakeholders,” said R.K. Tyagi, Chairman HAL. “The company’s return on shareholders’ investment is impressive, comparable to some of the best companies anywhere,” he added.
The defence major, driven by technology plans to continue to give thrust on R&D, and has incurred Rs 1,749 crore, 12 per cent of its turnover. The company filed a record 32 patents during FY 2012-13 to reinforce and protect its intellectual property developed at large investment.
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