Shares of state-run defence company Hindustan Aeronautics Ltd. (HAL) fell over 2% on Wednesday, November 12, in response to the company's September quarter results, which were lower compared to what the street had anticipated across most parameters.

For the first half of the current financial year Hindustan Aeronautics' EBITDA margin stood at 24.8%, which is lower than the company's full-year guidance of 31%.

The EBITDA margin for the quarter, which stood at 23.5%, was not only lower than the 27.4% figure reported last year, but also well below the CNBC-TV18 poll estimate of 28.2%.

HAL's net profit for the quarter increased by 10.5% from the same quarter last year to ₹1,669 crore, which is marginally below the CNBC-TV18 poll of ₹1,702 crore.

Revenue for the quarter stood at ₹6,629 cror

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