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Hindustan Aeronautics gains on reporting 31% rise in Q1 consolidated net profit
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Hindustan Aeronautics is currently trading at Rs. 3829.40, up by 25.00 points or 0.66% from its previous closing of Rs. 3804.40 on the BSE.
The scrip opened at Rs. 3770.05 and has touched a high and low of Rs. 3845.85 and Rs. 3715.00 respectively. So far 23906 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3999.10 on 31-Jul-2023 and a 52 week low of Rs. 2202.20 on 22-Aug-2022.
Last one week high and low of the scrip stood at Rs. 3869.30 and Rs. 3715.00 respectively. The current market cap of the company is Rs. 125995.54 crore.
The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 22.54% and 5.82% respectively.
Hindustan Aeronautics has reported 34.21% rise in its net profit at Rs 814.19 crore for first quarter ended June 30, 2023 as compared to Rs 606.66 crore for the same quarter in the previous year. Total income of the company increased by 13.41% at Rs 4,326.13 crore for Q1FY24 as compared Rs 3,814.61 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 31.28% rise in its net profit at Rs 814.09 crore for the first quarter ended June 30, 2023 as compared to Rs 620.13 crore for the same quarter in the previous year. Total income of the company increased by 13.40% at Rs 4,325.29 crore for Q1FY24 as compared Rs 3,814.10 crore for the corresponding quarter previous year.
