HAL revenue at Rs 30,400-cr despite supply chain issues hitting LCA

BENGALURU: Defence PSU Hindustan Aeronautics Limited (HAL) Monday said it recorded a provisional and unaudited revenue of Rs 30,400 crore for 2024-25, marginally higher than the Rs 30,381 crore in the previous fiscal.
HAL CMD DK Sunil said: “This achievement came despite the shortfall in deliveries of Light Combat Aircraft (LCA) and Advanced Light Helicopter (ALH). LCA deliveries were affected due to non-availability of engines and ALH delivery schedule was similarly impacted following an accident in Jan 2025 and subsequent grounding of the fleet. However, the deliveries of other products and services were accelerated which helped us to maintain the top line.”
With the PSU’s order book improving significantly over the past 12 months, HAL utilised the year to expand its capacities, establishing additional production lines for the LCA and HTT-40 trainer aircraft whilst augmenting the aero engine manufacturing capacity at its Koraput facility.
“The order book now stands at more than Rs 1.8-lakh-crore compared to the opening position of Rs 94,129 crore, after adjusting for current year liquidation,” HAL said.
During 2024-25, HAL secured new manufacturing contracts worth more than Rs 1-lakh-crore and Repair and Overhaul (ROH) contracts valued at Rs 17,500 crore.
Recently, HAL signed a landmark contract with the ministry of defence for supplying 156 Light Combat Helicopter (LCH) “Prachand” worth Rs 62,777 crore — the single largest procurement by the ministry from HAL to date.
Other notable achievements of 2024-25 included HAL becoming the first defence PSU to achieve the prestigious ‘Maharatna’ status. It also signed contracts for the supply of an additional 12 Su-30 MKI aircraft, Mid Life Upgrade (MLU) of 40 Do-228 aircraft, supply of 240 AL31FP engines for Su-30 MKI aircraft, and avionics upgrade of one IL-78 aircraft.
“The first AL31FP engine was delivered within just one month of contract signature. With supply chain issues now stabilising, new orders secured, and enhanced production capacities in place, HAL is positioning itself for a more robust physical and financial performance in 2025-26,” the PSU added.