Daijiworld Media Network - Mumbai

Mumbai, Nov 12: Shares of Hindustan Aeronautics Ltd (HAL) witnessed volatility on Thursday after the state-run aerospace company announced its audited financial results for the second quarter and half-year ended September 30, 2026.

HAL reported a consolidated net profit of Rs 1,935.64 crore for the quarter, compared to Rs 1,669.05 crore in the corresponding period last year, registering an increase of around 16 per cent.

Consolidated revenue from operations stood at Rs 7,613.25 crore, while total income for the quarter reached Rs 8,601.55 crore.

For the half-year ended September 30, 2026, consolidated net profit rose to Rs 3,525.30 crore from Rs 3,052.82 crore in the corresponding period of the previous year.

On a standalone basis, HAL recorded total income of Rs 8,602.71 crore during the quarter, compared to Rs 7,517.40 crore in Q2 FY26. Net profit increased to Rs 1,839.04 crore from Rs 1,662.52 crore year on year.

For the six-month period, standalone revenue from operations stood at Rs 13,128.39 crore, while net profit reached Rs 3,419.65 crore.

HAL shares opened at Rs 4,965 on the BSE against the previous close of Rs 4,944. The stock initially climbed to an intraday high of Rs 5,016.40, gaining Rs 72.40 or 1.46 per cent, amid a rise in trading volume of more than 3.01 times.

However, the stock later declined to Rs 4,738.80, down Rs 205.20 or 4.15 per cent. The company's market capitalisation stood at Rs 3,26,138.16 crore.

Meanwhile, benchmark equity indices Sensex and Nifty opened higher on Thursday amid sustained foreign fund inflows and lower crude oil prices.

The BSE Sensex advanced 166.44 points to 82,013.58 in early trade, while the NSE Nifty gained 55.65 points to reach 25,316.55.

Among the Sensex companies, Bajaj Finance, Bajaj Finserv, ITC, Eternal, State Bank of India and ICICI Bank were among the major gainers. Mahindra & Mahindra, Sun Pharma, UltraTech Cement and Hindustan Unilever were among the laggards.