In spite of the COVID-19 pandemic that affected the companys operations and disrupted the supply chain (both within and outside the country), Hindustan Aeronautics Limited has recorded a revenue in excess of Rs 22,700 crore (provisional and unaudited) for the financial year ended on March 31, 2021.
The corresponding figure for the previous year stood at Rs 21,438 crore, the Bengaluru-headquartered company said a statement.
“The company has posted a revenue growth of around six per cent in FY 2020-21 thanks to the improved productivity after suspending the operations for one month in the beginning of the year”, it said.
The year 2020-21 was significant in terms of securing the largest ever defence contract of 83 LCA MK-IA by an Indian company, it noted.
