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Prime Minister Narendra Modi lauded the performance of Hindustan Aeronautics Ltd (HAL) after the company registered its highest-ever revenue from operations of around '26,500 Crores (provisional and unaudited) for the Financial Year 2022-23, recording revenue growth of 8% during the year as compared to the previous year, 2021-22. Moreover, following an ITAT decision, the defence PSU has also cleared all of its litigations with the IT department. HAL also paid an interim dividend of '40 per share during 2022-23.
PM Modi in a response to the announcement of the HAL financial results for FY 2022-23 said, 'Exceptional! I laud the entire team of HAL for their remarkable zeal and passion.'
