(a) whether the Hindustan Aeronautics Limited (HAL) has earned profit during 2001-2002;
(b) if so, the extent to which it is more than the previous year; and
(c) the various sources through which HAL has earned profit during the last year?
(a) whether the Hindustan Aeronautics Limited (HAL) has earned profit during 2001-2002;
(b) if so, the extent to which it is more than the previous year; and
(c) the various sources through which HAL has earned profit during the last year?
MINISTER OF DEFENCE (SHRI GEORGE FERNANDES)
(a) Yes, Sir.
(b) Profit before tax for the year 2001 - 02 is estimated at Rs. 305 crores as against Rs. 265.15 crores in the previous year, which is an increase of 15.03% over the previous year.
(c) During the year, the company has earned profit essentially from its manufacturing, repair & overhaul spares and development activities as also interest income.