Hindustan Aeronautics Limited (HAL) has reported a provisional and unaudited revenue of Rs 30,400 crore for the financial year ending March 31, maintaining its financial momentum despite supply chain challenges that affected key aircraft deliveries. The state-run aerospace and defence company recorded a marginal increase from last year’s revenue of Rs 30,381 crore. However, deliveries of the Light Combat Aircraft (LCA) Tejas and the Advanced Light Helicopter (ALH) were impacted due to external factors.
“The LCA delivery schedule was affected due to the non-availability of engines, while ALH deliveries were disrupted following the January 2025 accident and the subsequent fleet grounding,” said D.K. Sunil, Chairman and Managing Director of HAL. “Despite these setbacks, accelerated deliveries of other products and services helped us sustain revenue levels.”
Expanding Capacities Amid Record Order Book
HAL’s order book witnessed a significant surge over the past year, rising to Rs 1,84,000 crore from Rs 94,129 crore after accounting for liquidations. In FY 2024-25, the company secured new manufacturing contracts worth Rs 1,02,000 crore and Repair and Overhaul (ROH) contracts valued at Rs 17,500 crore.
A landmark moment came with the signing of a Rs 62,777-crore contract with the Ministry of Defence (MoD) for the supply of 156 Light Combat Helicopters (LCH) Prachand—the largest-ever procurement deal between the MoD and HAL.
To meet growing demand, HAL expanded its production capacities by setting up additional LCA Tejas and HTT-40 trainer aircraft manufacturing lines, alongside enhancing its aero engine production capabilities in Koraput.
Key Achievements in 2024-25
In 2023, HAL made significant strides by earning the prestigious ‘Maharatna’ status, marking it the first Defence PSU to achieve this honour. The year was highlighted by several key contracts, including the production of 12 additional Su-30 MKI fighter jets, a Mid-Life Upgrade (MLU) for 40 Do-228 aircraft, the supply of 240 AL31FP engines for the Su-30 MKI, and an avionics upgrade for one IL-78 aircraft. These accomplishments underscore HAL’s commitment to enhancing India’s defence capabilities and its position as a leader in the aerospace sector.
“The first AL31FP engine was delivered within a month of signing the contract. With supply chain issues stabilizing, a strong order pipeline, and expanded manufacturing capacities, HAL is poised for robust physical and financial performance in FY 2025-26,” the company stated.
Tejas Delay
GE Aerospace has delivered the first batch of 99 F404-IN20 engines to Hindustan Aeronautics Limited (HAL) for the Tejas Light Combat Aircraft (LCA) Mk1A program. This long-awaited delivery, delayed by two years, is expected to accelerate production of the Tejas Mk1A, a key asset for the Indian Air Force (IAF). Under a Rs 5,900 crore contract signed in 2021, GE Aerospace will supply 12 engines in 2025, followed by 20 annually until completion. This supply chain boost is expected to help the IAF operationalize its first Tejas Mk1A squadrons by the end of this year.
As India’s premier aerospace manufacturer, HAL’s steady revenue performance and strong order book underscore its crucial role in bolstering the nation’s defence capabilities.
Team BharatShakti
