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HAL's third-quarter profit declines 17% to ₹455 crore
short by Shruti Maria Mahendar / on 11 Feb 2019,Monday
State-run Hindustan Aeronautics (HAL) on Monday posted a 17% year-on-year fall in third-quarter profit at ₹455 crore. Income from operations stood at ₹4,483 crore as against ₹4,463 crore in the year-ago period. A ₹1,876-lakh fraud involving misappropriation of funds by an official in collusion with six contractors was found and referred to the vigilance department for further probe, HAL said.
short by Shruti Maria Mahendar / 10:07 pm on 11 Feb
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