India’s Hindustan Aeronautics Limited (HAL) recorded a turnover of INR 18,000 crore (provisional and unaudited) for the year ending March 31, 2018 (corresponding figure for the previous year was INR 17,605 crore).
During the FY 2017-18, the Company has produced 40 new aircraft/helicopters and 105 new engines. The Company has also carried out overhaul of 220 aircraft/helicopters and 550 engines. The Company has received order of 41 Advanced Light Helicopters and 8 Chetak helicopters from Indian Armed Forces in the FY 2017-18.
In the other major achievements, the Company received Initial Operational Clearance (IOC) certificate for its Light Combat Helicopter (LCH), Certificate of Airworthiness for its civil variant Dornier Do-228 from DGCA, acceptance of Mirage 2000 upgrade by Air HQ after its Final Operational Clearance, first successful run of Hindustan Turbo Shaft Engine -1200 and successful test firing of BrahMos missile from Su-30 MKI etc.
Mr. T. Suvarna Raju, Chairman & Managing Director of HAL says that, “The Company strongly supports the Indian Armed Forces with its indigenous and licence manufactured products.”