Bengaluru: Plane-maker Hindustan Aeronautics Ltd (HAL) on Thursday claimed that it has recorded the highest ever turnover of Rs 15,480 crore (provisional) for the financial year 2014-15. The Bengaluru-headquartered Defence Public Sector Undertaking (DPSU) said that it achieved the highest turnover during the current year as against Rs 15,128 crore in 2013-14.
HAL's newly-crowned Chairman and Managing Director T Suvarna Raju said that the Company's performance is in line with the MoU signed with the Ministry of Defence. "We expect an ‘excellent' rating for FY 2014-15. The CAPEX target of Rs 900 crore has been achieved. We are happy that on the indigenisation front over 2000 items were produced resulting in saving to the tune of Rs 100 crore," Raju said.
02/04/15 One India
HAL's newly-crowned Chairman and Managing Director T Suvarna Raju said that the Company's performance is in line with the MoU signed with the Ministry of Defence. "We expect an ‘excellent' rating for FY 2014-15. The CAPEX target of Rs 900 crore has been achieved. We are happy that on the indigenisation front over 2000 items were produced resulting in saving to the tune of Rs 100 crore," Raju said.
02/04/15 One India
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