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HAL Q2 Results: Stock falls after H1 margins below company guidance; other metrics miss estimatesHindustan Aeronautics' 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%.By Hormaz Fatakia   November 12, 2025, 2:41:31 PM IST (Published)1 Min ReadShares 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 crore, which is up 11% from last year, and in-line with the CNBC-TV18 poll of ₹6,582 crore.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined by 5% to ₹1,558 crore from ₹1,640 crore last year. A CNBC-TV18 poll had projected the EBITDA figure to be ₹1,854 crore.

Shares of Hindustan Aeronautics are trading 2.7% lower after the earnings announcement at ₹4,731.8. The stock is still up 14% on a year-on-year basis.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHindustan AeronauticsHindustan Aeronautics Limited HALQ2 resultsshare market today