City
Epaper

PM Modi lauds HAL for record revenue generation

By ANI | Updated: April 1, 2023 15:15 IST

New Delhi [India], April 1 : Prime Minister Narendra Modi on Saturday congratulated Hindustan Aeronautics Limited (HAL) which a ...

Open in App

New Delhi [India], April 1 : Prime Minister Narendra Modi on Saturday congratulated Hindustan Aeronautics Limited (HAL) which a day ago announced that it has registered the highest-ever revenue for the financial year 2022-23.

Taking to Twitter, PM said, "Exceptional! I laud the entire team of HAL for their remarkable zeal and passion."

HAL on Friday registered the highest-ever revenue from operations of around Rs 26,500 Crores (provisional and unaudited) for FY 2022-23 as against Rs 24,620 for the previous FY.

The company recorded revenue growth of 8 per cent during the year as compared to last year.

In a tweet, HAL said that an eight per cent growth was recorded compared to Rs 24,620 revenue in the previous financial year. The company wrote, "HAL registers highest-ever revenue from operations of around Rs.26,500 Crores (provisional and unaudited) for FY 2022-23 as against Rs 24,620 for the previous FY. The Company has recorded revenue growth of 8 per cent during the year as compared to last year."

Earlier on Friday, the PM expressed happiness at the Government e-Marketplace (GeM) crossing Gross Merchandise Value of Rs 2 lakh crore in 2022-23.

Taking to Twitter, PM Modi tweeted, "Excellent! GeM has given us a glimpse of the energy and enterprise of the people of India. It has ensured prosperity and better markets for many citizens."

PM Modi made the remark in response to a tweet by Union Commerce Minister Piyush Goyal.

Goyal had stated in a tweet, "A true GeM of India! A landmark achievement for the nation as it crossed the Gross Merchandise Value of Rs 2 lakh crore in 2022-23. Under PM Narendra Modi ji's relentless pursuit to ensure transparent procurement, GeM is emerging as a trusted platform for buyers and sellers".

GeM is the National Public Procurement Portal for the procurement of goods and services for Central and State Government Orgsations.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiPiyush GoyalTwitterNarendra ModiHindustan Aeronautics LimitedVed prakashHindustan aeronautics ltdThe new delhi municipal councilTwitter twitter
Open in App

Related Stories

MumbaiUniversity of Bristol Chooses Mumbai for Its First Overseas Campus, Set to Open in September 2026

NationalRaksha Bandhan 2025: Now You Can Send a Rakhi to Your Brother in India Post's Waterproof Envelope — Here's How to Track Your Parcel

NationalGold in Dubai Cheaper Than India: Pricing, Rules, and Import Limits Explained

National“Made-in-India” Weapons Still Keeping Terrorists’ Masters Awake at Night: PM Modi

NationalIndia Spends ₹1.38 Lakh Crore Annually on Edible Oil Imports

Business Realted Stories

BusinessTaiwan to face economic risk as US mulls semiconductor tariffs under Trump proposal: Think tank

BusinessPiyush Goyal meets steel, engineering sector leaders to boost competitiveness and global role

BusinessIndiGo bans passenger for slapping co-traveller on Mumbai-Kolkata flight

BusinessED Makes First Arrest in Rs 3,000-Crore Anil Ambani Loan Fraud Case

BusinessMahindra & Mahindra buys 59 pc stake in SML Isuzu for Rs 555 crore