
Shares of defence major Hindustan Aeronautics Limited declined as much as 4.3% to their day’s low of Rs 4,411 on the BSE on Friday despite reporting a consolidated net profit of Rs 4,196 crore for the quarter ended March 2026, up 6% from Rs 3,977 crore posted in the same period last year.
Revenue from operations during the March quarter increased 2% year-on-year to Rs 13,942 crore, compared with Rs 13,700 crore in the corresponding quarter of FY25. On a sequential basis, HAL’s performance improved sharply. Net profit more than doubled from Rs 1,867 crore reported in the December quarter, while revenue from operations jumped over 81% from Rs 7,699 crore in Q3FY26.