Hindustan Aeronautics Ltd (HAL) on Thursday declared a final dividend of Rs 15 per equity share for FY25, amounting to a 300 per cent payout on the face value of Rs 5 per share. This marks the company’s second dividend for the current financial year, following an interim dividend of Rs 25 per share paid in February.

The record date for determining eligible shareholders is set as Thursday, August 21, with the T+1 settlement cycle requiring investors to buy HAL shares by Wednesday, August 20.

The central government, which owns 71.64 per cent of HAL, will receive an estimated Rs 718.6 crore from the final dividend. Dividend receipts from public sector undertakings form an important component of the government’s non-tax revenue stream.

The announcement follows HAL’s March quarter results, reported on May 14, in which the company posted a net profit of Rs 3,958 crore—a decline of 7.8 per cent year-on-year, but significantly above analyst estimates of Rs 2,592 crore. Revenue also dropped by 7.2 per cent to Rs 13,700 crore, higher than the provisional forecast of Rs 13,118 crore.

EBITDA for the quarter stood at Rs 5,292 crore, beating market expectations, with margins at 38.6 per cent. The company continues to maintain a robust financial position and has outlined plans to build an order book of up to Rs 2.6 lakh crore by FY26, supported by defence manufacturing and modernisation initiatives.

For FY24, HAL had declared a final dividend of Rs 13 per share. The total dividend for FY25 so far stands at Rs 40 per share, reflecting continued strong cash flows.

Shares of HAL ended 1.7 per cent higher at Rs 4,896.6 on the NSE, ahead of the dividend announcement, outperforming the Nifty 50, which rose 0.35 per cent.

HAL, a key defence PSU, is involved in manufacturing and servicing aircraft, helicopters, engines, and avionics for India’s armed forces.