Title: Hindustan Aeronautics Reports Eight Per Cent Drop in Q4 Profit

19 May 2025 CW Team

Hindustan Aeronautics Limited (HAL) reported an eight per cent decline in its fourth-quarter profit, affected by delays in supplying its Tejas light combat aircraft. The fighter jet manufacturer’s consolidated profit fell to Rs 39.77 billion in the quarter ending 31 March, down from Rs 43.09 billion a year earlier.

HAL’s quarterly revenue dropped 7.2 per cent to Rs 137 billion, slightly above Elara Securities’ estimated 8 per cent decline. Despite delays, ordering activity in the defence sector remained steady throughout the quarter.

Following recent border tensions between India and Pakistan, HAL’s shares have risen six per cent since late April and were up 2.6 per cent after the results were announced.

During the quarter, HAL secured orders worth Rs 627 billion for the supply of 156 Prachand light combat helicopters. Peer company Bharat Electronics is expected to announce its quarterly results next week.

Source:Financial Express

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..