Hindustan Aeronautics posts first drop in profit in 10 quarters https://ift.tt/6528HzC

Hindustan Aeronautics Ltd (HAL) on Friday, reported its first decline in profit in 10 quarters, hurt by higher input costs and tax expenses. HAL's consolidated net profit fell nearly 9% to 28.31 billion rupees ($346.2 million) in the fourth quarter ended March 31.

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