HAL reports revenue of more than ₹22,000 crore
The Hindu
This is despite disruption in operations
Defence PSU HAL reported revenue of over ₹22,700 crore during 2020–21 despite disruption in operation owing to COVID-19 as supply chains within India and abroad were affected. The revenue is about ₹1,300 crore more than that reported in the corresponding period in the previous fiscal — ₹21,438 crore. “The company posted a revenue growth of around 6% in 2020–2021, thanks to improved productivity after suspending the operations for one month in the beginning of the year,” a company note on Wednesday said.
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