HAL’s Aerospace division expanded to support production for Six LVM3 rockets per year as against its current capacity of only Two LVM 3 rockets.per year

As of the end of the 2023-24 fiscal year, the company’s order book stood in excess of ₹94,000 crore with additional major orders in FY25.

The company has forecast its EBITDA margin to be around 32% to 33% in the next two years.

The company said it has a robust order book and a very strong pipeline of orders. It added that it is confident of sustaining its FY24 growth momentum.