State-owned defense company Hindustan Aeronautics Limited (HAL) has announced a dividend of Rs 15 per equity share for the financial year 2024–25 (FY25).
This is a 300% dividend on shares that have a face value of Rs 5. The record date for receiving the dividend has also been set.
The dividend still needs final approval at the Annual General Meeting (AGM). Once approved, shareholders will receive the amount within 30 days of the AGM, directly into their accounts.
Second Dividend in FY25, Government Gains Rs 718.6 Crore
This is HAL’s second dividend for FY25. Earlier, in February, the company had given a Rs 25 per share dividend. In the previous year (FY24), the final dividend was Rs 13 per share.
The Government of India, which owns 71.64% of HAL, is expected to receive Rs 718.6 crore from this latest dividend.
Financials, New Projects, and Stock Market Performance
HAL’s net profit for Q4 of the last financial year dropped to Rs 3,977 crore, compared to Rs 4,309 crore in the same period the previous year.
Analysts had earlier warned that delays in delivering the Tejas Mk 1A light combat aircraft could affect revenue, though the company’s defense order pipeline remained stable.
In a major development, HAL was selected as the top bidder to design and manufacture ISRO’s Small Satellite Launch Vehicle (SSLV).
This makes HAL the first Indian company to receive complete technology transfer for a satellite launch vehicle.
On the stock market, HAL shares closed at ₹4,894.7 on the NSE on Friday, up by 1.61%.
However, the stock was down 1.51% last week and 1.53% since the beginning of June. Still, HAL shares have gained 17.37% so far in 2025.
