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PM Modi lauds HAL for generating highest ever revenue in 2022–23

Prime Minister Narendra Modi congratulated Hindustan Aeronautics Limited (HAL) on Saturday, a day after the company announced the highest-ever revenue for the fiscal year 2022–23. PM Modi took to Twitter and stated, “Exceptional! I applaud the entire HAL team for their extraordinary zeal and passion.” HAL reported its highest-ever revenue from operations of around Rs […]

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PM Modi lauds HAL for generating highest ever revenue in 2022–23

Prime Minister Narendra Modi congratulated Hindustan Aeronautics Limited (HAL) on Saturday, a day after the company announced the highest-ever revenue for the fiscal year 2022–23.

PM Modi took to Twitter and stated, “Exceptional! I applaud the entire HAL team for their extraordinary zeal and passion.” HAL reported its highest-ever revenue from operations of around Rs 26,500 crore (provisional and unaudited) for FY 2022–23, up from Rs 24,620 in the previous fiscal year.

The company recorded revenue growth of 8 percent during the year as compared to last year. In a tweet, HAL said that an eight percent growth was recorded compared to Rs 24,620 in revenue in the previous financial year. The company wrote, “HAL registers its highest-ever revenue from operations of around Rs. 26,500 crore (provisional and unaudited) for FY 2022–23 as against Rs 24,620 for the previous FY. The company has recorded revenue growth of 8 percent during the year as compared to last year.”

Earlier on Friday, the PM expressed happiness at the Government e-Marketplace (GeM) crossing a gross merchandise value of Rs 2 lakh crore in 2022–23.

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