During the last three years, following efforts have been made by the Government to improve the capabilities of HAL:-
•
| For establishment of major servicing facility for Hawk-132 aircraft, Government of India (GoI) has sanctioned Rs.450.59 Crore in February, 2016. |
•
| For Repair and Overhaul (RoH) Facility for Adour Mk 871-07 engines, GoI has sanctioned Rs.205.65 Crore in March, 2016. |
•
| For ramping up of manufacturing facility of Light Combat Aircraft (LCA) Tejas from existing 8 to 16 aircraft per annum, GoI has sanctioned Rs.1381.04 Crore in March, 2017 with 50% funding by GoI. |
•
| For enhancement of RoH capacity of Su-30 MKI from existing 15 to 20 aircraft and aggregates from 15 to 35 aircraft sets per annum, GoI has sanctioned Rs.1324.33 Crore in April, 2017. |
• | For establishment of RoH facility for 3 Line Replaceable Units (LRUs) of Adour Mk 871-07 engines fitted on Hawk Mk 132 aircraft GoI has sanctioned Rs.60.72 Crore in August, 2017. |
The details of investment, Revenue & profit made by HAL during the last 3 years and the current year are as below:-
(Rs. in Crore)
Particulars | 2015-16 | 2016-17 | 2017-18 | 2018-19 (Upto September 2018) |
Capital Investment | 1430 | 1514 | 1452 | 418 |
Revenue from Operations (Net) | 16758 | 17950 | 18519 | 5424 |
Profit After Tax | 1998 | 2616 | 2070 | 650 |
In the Financial Year 2018-19 upto second quarter i.e. September, 2018 compared with corresponding quarter of Financial Year 2017-18, HAL has registered 3% increase in revenue and 63% increase in profit.
This information was given by Raksha Rajya Mantri Dr. Subhash Bhamre in a written reply to Shri V. Muraleedharan in Rajya Sabha..
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