HAL Q2 FY27 results at a glance
HINDUSTAN AERONAUTICS LTD Q2 FY27 key results metrics| Quarter | Q2 FY27 |
|---|
| Quarter ended | 30 Sept 2026 |
|---|
| Revenue | ₹7,613 cr |
|---|
| Revenue YoY | +14.9% |
|---|
| Operating profit | ₹1,482 cr |
|---|
| Operating margin | 19.5% |
|---|
| Net profit | ₹1,936 cr |
|---|
| Net profit YoY | +16.0% |
|---|
| Net profit QoQ | +21.8% |
|---|
| Net margin | 25.4% |
|---|
| Basic EPS | ₹28.94 |
|---|
| TTM revenue | ₹34,770 cr |
|---|
| TTM net profit | ₹9,588 cr |
|---|
| TTM net margin | 27.6% |
|---|
HAL Q2 FY27 results: what the numbers say
HINDUSTAN AERONAUTICS LTD (HAL) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹7,613 cr and a net profit of ₹1,936 cr, translating into earnings per share of ₹28.94.
Compared with the same quarter a year earlier, revenue grew by +14.9% and net profit grew by +16.0%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at ₹1,482 cr, an operating margin of 19.5% versus 20.1% a year ago — a contraction of 0.7 percentage points.
HAL quarter-wise results table
Revenue
₹7,613 cr
+14.9% YoY
Net profit
₹1,936 cr
+16.0% YoY
Operating profit
₹1,482 cr
+11.0% YoY
Swipe sideways to see all columns →
HINDUSTAN AERONAUTICS LTD (HAL) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|
| Q2 FY272026-09-30 | ₹7,613 cr | ₹1,482 cr | ₹1,936 cr | 19.5% | 25.4% | ₹28.94 | +16.0% | +21.8% |
| Q1 FY272026-06-30 | ₹5,515 cr | ₹1,227 cr | ₹1,590 cr | 22.3% | 28.8% | ₹23.77 | +14.9% | -62.1% |
| Q4 FY262026-03-31 | ₹13,942 cr | ₹4,429 cr | ₹4,196 cr | 31.8% | 30.1% | ₹62.74 | — | +124.8% |
| Q3 FY262025-12-31 | ₹7,699 cr | ₹1,565 cr | ₹1,867 cr | 20.3% | 24.2% | ₹27.91 | — | +11.8% |
| Q2 FY262025-09-30 | ₹6,629 cr | ₹1,334 cr | ₹1,669 cr | 20.1% | 25.2% | ₹24.96 | — | +20.6% |
| Q1 FY262025-06-30 | ₹4,819 cr | ₹1,099 cr | ₹1,384 cr | 22.8% | 28.7% | ₹20.69 | — | — |
| TTM (last 4 quarters) | ₹34,770 cr | ₹8,703 cr | ₹9,588 cr | 25.0% | 27.6% | ₹143.36 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
HAL quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
HINDUSTAN AERONAUTICS LTD quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
|---|
| Revenue / Sales | ₹7,613 cr | ₹5,515 cr | ₹13,942 cr | ₹7,699 cr | ₹6,629 cr | ₹4,819 cr |
|---|
| Total expenses | ₹6,132 cr | ₹4,288 cr | ₹9,513 cr | ₹6,134 cr | ₹5,294 cr | ₹3,720 cr |
|---|
| Gross profit | — | ₹2,042 cr | ₹5,219 cr | ₹2,370 cr | ₹2,367 cr | ₹1,872 cr |
|---|
| Operating profit (EBIT) | ₹1,482 cr | ₹1,227 cr | ₹4,429 cr | ₹1,565 cr | ₹1,334 cr | ₹1,099 cr |
|---|
| Operating margin | 19.5% | 22.3% | 31.8% | 20.3% | 20.1% | 22.8% |
|---|
| Interest cost | ₹0.36 cr | ₹0.35 cr | ₹4.15 cr | ₹0.98 cr | ₹0.36 cr | ₹0.3 cr |
|---|
| Profit before tax | ₹2,470 cr | ₹2,134 cr | ₹5,584 cr | ₹2,487 cr | ₹2,227 cr | ₹1,854 cr |
|---|
| Tax expense | ₹630 cr | ₹545 cr | ₹1,388 cr | ₹620 cr | ₹558 cr | ₹471 cr |
|---|
| Effective tax rate | 25.5% | 25.5% | 24.9% | 24.9% | 25.1% | 25.4% |
|---|
| Net profit (PAT) | ₹1,936 cr | ₹1,590 cr | ₹4,196 cr | ₹1,867 cr | ₹1,669 cr | ₹1,384 cr |
|---|
| Net profit margin | 25.4% | 28.8% | 30.1% | 24.2% | 25.2% | 28.7% |
|---|
| Basic EPS | ₹28.94 | ₹23.77 | ₹62.74 | ₹27.91 | ₹24.96 | ₹20.69 |
|---|
| Diluted EPS | — | ₹23.77 | ₹62.74 | ₹27.91 | ₹24.96 | ₹20.69 |
|---|
HAL results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|
| Revenue YoY | +14.9% | +14.4% | — | — | — | — |
|---|
| Revenue QoQ | +38.0% | -60.4% | +81.1% | +16.1% | +37.6% | — |
|---|
| Operating profit YoY | +11.0% | +11.6% | — | — | — | — |
|---|
| Operating profit QoQ | +20.7% | -72.3% | +183.1% | +17.3% | +21.3% | — |
|---|
| Net profit YoY | +16.0% | +14.9% | — | — | — | — |
|---|
| Net profit QoQ | +21.8% | -62.1% | +124.8% | +11.8% | +20.6% | — |
|---|
| EPS YoY | +15.9% | +14.9% | — | — | — | — |
|---|
| EPS QoQ | +21.8% | -62.1% | +124.8% | +11.8% | +20.6% | — |
|---|
HAL annual results history
Full-year performance for HINDUSTAN AERONAUTICS LTD, useful for reading each quarter in context.
HINDUSTAN AERONAUTICS LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|
| Revenue / Sales | ₹31,792 cr | ₹30,105 cr | ₹28,162 cr | ₹26,361 cr |
|---|
| Total expenses | ₹23,091 cr | ₹21,669 cr | ₹19,757 cr | ₹20,652 cr |
|---|
| Gross profit | ₹11,844 cr | ₹12,649 cr | ₹11,943 cr | ₹10,916 cr |
|---|
| Operating profit (EBIT) | ₹8,701 cr | ₹8,435 cr | ₹8,405 cr | ₹5,709 cr |
|---|
| Operating margin | 27.4% | 28.0% | 29.8% | 21.7% |
|---|
| Interest cost | ₹5.79 cr | ₹8.68 cr | ₹32.11 cr | ₹57.97 cr |
|---|
| Profit before tax | ₹12,152 cr | ₹10,867 cr | ₹10,225 cr | ₹6,510 cr |
|---|
| Tax expense | ₹3,036 cr | ₹2,503 cr | ₹2,604 cr | ₹682 cr |
|---|
| Effective tax rate | 25.0% | 23.0% | 25.5% | 10.5% |
|---|
| Net profit (PAT) | ₹9,116 cr | ₹8,364 cr | ₹7,621 cr | ₹5,828 cr |
|---|
| Net profit margin | 28.7% | 27.8% | 27.1% | 22.1% |
|---|
| Basic EPS | ₹136.30 | ₹125.07 | ₹113.95 | ₹87.14 |
|---|
| Diluted EPS | ₹136.30 | ₹125.07 | ₹113.95 | ₹87.14 |
|---|
Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹7,613 cr against ₹6,629 cr in Q2 FY26, and ₹5,515 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +38.0%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹6,132 cr, or 80.5% of revenue, with operating profit grew +11.0% year on year.
Margins, tax and profitability
Net profit of ₹1,936 cr works out to a net margin of 25.4% compared with 25.2% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, HINDUSTAN AERONAUTICS LTD reported profit before tax of ₹2,470 cr, a tax charge of ₹630 cr (effective rate 25.5%), interest cost of ₹0.36 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹1,590 cr in Q1 FY27 to ₹1,936 cr in Q2 FY27, a change of +21.8%.
Trailing twelve months and annual context
Across the trailing four quarters HINDUSTAN AERONAUTICS LTD has generated revenue of ₹34,770 cr and net profit of ₹9,588 cr, a trailing net margin of 27.6%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹31,792 cr with net profit of ₹9,116 cr and EPS of ₹136.30, versus the prior year where revenue grew +5.6% and profit grew +9.0%.
What to watch in the next HAL quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
HINDUSTAN AERONAUTICS LTD has intimated the exchange that its board meets on 12 Nov 2026 to approve financial results. The figures shown here update when Yahoo Finance publishes the corresponding statement data, which can lag the filing.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
HAL results coverage
HAL quarterly results FAQs
What were HINDUSTAN AERONAUTICS LTD (HAL) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), HINDUSTAN AERONAUTICS LTD reported revenue of ₹7,613 cr and net profit of ₹1,936 cr, a change of +16.0% year on year on +14.9% revenue growth. EPS stood at ₹28.94.
What is HAL profit margin in Q2 FY27?
HINDUSTAN AERONAUTICS LTD posted a net profit margin of 25.4% and an operating margin of 19.5% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹34,770 cr and net profit ₹9,588 cr.
Did HAL results beat the previous quarter?
HINDUSTAN AERONAUTICS LTD net profit changed +21.8% quarter on quarter, from ₹1,590 cr in Q1 FY27 to ₹1,936 cr in Q2 FY27.
When are HINDUSTAN AERONAUTICS LTD (HAL) quarterly results?
The board of HINDUSTAN AERONAUTICS LTD meets on 12 Nov 2026 to consider and approve the financial results, as per the exchange filing.
Where can I see HAL latest quarterly results?
Our latest HAL results coverage — "Hindustan Aeronautics Limited Q2 FY27 Results: Net Profit ₹1,936 cr" — breaks down revenue, profit, margins and management commentary.
What is HINDUSTAN AERONAUTICS LTD annual revenue and profit?
For FY26, HINDUSTAN AERONAUTICS LTD reported full-year revenue of ₹31,792 cr and net profit of ₹9,116 cr, with EPS of ₹136.30.
How many quarterly results has HAL declared recently?
Past results dates for HAL will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 12 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
