Hindustan Aeronautics profit rises 15% as revenue grows, IDA boosts gratuity costs
Hindustan Aeronautics’ profit rose about 15% alongside revenue improvement, but employee benefits increased as Industrial Dearness Allowance (IDA) crossed 51.8%, resetting benefit parameters and revising the gratuity ceiling. The change added 23.7 million rupees of costs in the quarter. The company also proposed a 10-rupee final dividend per share for FY2025-26, subject to shareholder approval.