HAL declares first interim dividend of Rs 35 per share, sets record date

Synopsis

Hindustan Aeronautics Ltd (HAL) has announced a first interim dividend of ₹35 per share for FY26, with February 18, 2026 set as the record date and payment due by March 14. The company also reported strong Q3 results, with consolidated net profit rising 30% year-on-year to ₹1,867 crore and revenue from operations growing 11% to ₹7,699 crore.

Hindustan Aeronautics Ltd (HAL) on Thursday declared its first interim dividend of Rs 35 per equity share of Rs 5 each for FY26. In an exchange filing, the company said its board has approved the interim dividend of Rs 35 per fully paid-up equity share, equivalent to 700% of the face value.

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In its third-quarter earnings report, the company reported 30% year-on-year (YoY) growth in its consolidated net profit at Rs 1,867 crore. The revenue from operations in the December quarter increased 11% YoY to Rs 7,699 crore, compared with Rs 6,957 crore in the same quarter last year.

The profit before tax rose to Rs 2,487 crore from Rs 2,042 crore in the year-ago period. The company reported an EBITDA of Rs 1,871 crore in the third quarter, which is higher than Rs 1,682 crore in the previous year quarter.

For the nine months ended December 2025, HAL reported revenue from operations of Rs 19,146 crore and net profit of Rs 4,919 crore. Total expenses during the quarter rose to Rs 6,139 crore from Rs 5,552 crore a year ago, largely in line with revenue growth.

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On Thursday, HAL shares were trading 0.36% higher at Rs 4,148 on NSE. HAL shares have been under pressure of late due to concerns on delivery timelines for the LCA Mk1A fighter jets and mounting competition from private-sector rivals in India's next-generation combat aircraft program. The stock fell 8% in the last one month.

The stock has gained 15% over the past year and surged 243% in the last three years.

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