Hindustan Aeronautics Limited (HAL) announced its audited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025. Total Income for the standalone entity reached ₹8,61,238 Lakhs for the quarter, resulting in a Net Profit of ₹1,85,172 Lakhs. The results reflect significant accruals related to pension scheme revisions and pay scale adjustments, as detailed in the accompanying notes.
Hindustan Aeronautics: Q3 FY2025-26 Financial Summary
Hindustan Aeronautics Limited (HAL) has declared its audited standalone and consolidated financial results for the quarter ended December 31, 2025, and for the nine months ended the same date. The results were approved by the Board of Directors on February 12, 2026.
Standalone Performance Highlights (Q3 Ended Dec 31, 2025)
The standalone performance shows robust figures across key metrics:
- Total Income: Stood at ₹8,61,238 Lakhs for the quarter, compared to ₹7,58,808 Lakhs in the corresponding period last year (Q3 FY24).
- Net Profit After Tax: The reported Net Profit for the quarter was ₹1,85,172 Lakhs.
- Earnings Per Share (EPS): Basic and Diluted EPS for the quarter stood at ₹27.69.
- Total Comprehensive Income: Reached ₹1,88,031 Lakhs for the quarter.
Consolidated Performance Highlights (Q3 Ended Dec 31, 2025)
The consolidated results, which include performance from subsidiaries and joint ventures, are as follows:
- Total Consolidated Income: Reported at ₹8,61,260 Lakhs for the quarter.
- Consolidated Net Profit After Tax: The net profit attributable to owners of the company was ₹1,86,668 Lakhs.
- Consolidated EPS: Basic and Diluted EPS for the quarter were ₹27.91.
- Total Consolidated Comprehensive Income: Amounted to ₹1,89,527 Lakhs.
Key Accounting Notes and Material Events
The financial statements include several significant adjustments impacting comparability:
- Pension Liability Increase: HAL recognized an additional liability of ₹3,217 Lakhs pertaining to the nine months ended 31.12.2025 due to the increase in the Company’s contribution rate to the Pension Scheme for Workmen from 7% to 10%, effective 01.01.2025.
- Gratuity Ceiling Revision: An additional liability of ₹33,193 Lakhs was accrued due to the revision of the Gratuity ceiling for Officers and Workmen from ₹20 Lakhs to ₹25 Lakhs, effective 01.10.2025, following a rise in Industrial Dearness Allowance (IDA).
- Pay Scale Litigation (Note 4): The company has accounted for the recovery of excess salaries paid to Workmen (₹1,828 Lakhs for the nine months) as per earlier administrative directives, although the final verdict regarding the recovery process for workmen is still awaited.
- Flood Damage Inventory: Inventory damaged in September 2022 floods has seen re-assessment, with the inventory lying in the books as on 31.12.2025 being negligible after retrieving customer-owned items.
- Dividend Proposal: The Board is scheduled to consider the declaration of the first interim dividend for the financial year 2025-26 in its meeting on February 12, 2026.
Consolidated Entity Status
The consolidation includes the results of 2 subsidiaries and financial information from 26 operational Divisions. However, two Joint Ventures—HAL Edgewood Technologies Private Limited and Infotech HAL Limited (IHL)—were not consolidated as their respective financial results were unavailable or because IHL is undergoing the Corporate Insolvency Resolution Process following NCLT admission on August 22, 2025.
Source: BSE
