Hindustan Aeronautics Limited has officially declared its first interim dividend for the financial year 2025-26, following the Board of Directors' approval in their meeting held on February 12, 2026.

Dividend Declaration Details

The Board of Directors approved a first interim dividend of ₹3.5 per equity share of ₹5 each fully paid up, representing a 70% dividend rate for the financial year 2025-26. The dividend announcement comes alongside the company's strong Q3 FY26 financial performance.

Tax Deduction at Source (TDS) Guidelines

As per the Income Tax Act, 1961, dividend income is taxable in shareholders' hands, and the company will deduct tax at source at prescribed rates during dividend payment. Shareholders seeking lower TDS rates or exemptions must submit required documents including PAN copy, Form 15G/15H, and other requisite documents to KFin Technologies Limited, the company's Registrar and Share Transfer Agent, on or before the record date.

Strong Financial Performance Backdrop

The dividend declaration follows the company's impressive Q3 FY26 performance, with revenue from operations reaching ₹7,69,887 lakhs and net profit of ₹1,85,172 lakhs, representing a 29.2% growth compared to the previous year quarter.

Board Meeting Details

The Board of Directors meeting commenced at 11:00 hours and concluded at 13:05 hours on February 12, 2026. Along with the dividend declaration, the Board also approved the audited financial results for the quarter and nine months ended December 31, 2025.

Regulatory Compliance

The dividend declaration has been communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with listing regulations. The company maintains its commitment to rewarding shareholders while sustaining strong operational performance across its defense and aerospace operations.

Hindustan Aeronautics Limited (HAL) has issued an official media release under SEBI Regulation 30 to clarify the delivery status of its LCA Mk1A fighter jets, confirming significant progress in the indigenous aircraft program. The company addressed stakeholder concerns by providing detailed updates on aircraft readiness and production milestones while highlighting ongoing coordination with the Indian Air Force for timely delivery.

Aircraft Production and Delivery Status

HAL has officially confirmed that five LCA Mk1A aircraft are fully ready for delivery, incorporating all major contracted capabilities in accordance with agreed specifications. The company emphasized that these jets meet the required operational standards and technical specifications as per the contract requirements.

Indian Air Force Coordination and Engine Supply

The aerospace manufacturer revealed that nine additional aircraft have already been built and successfully flown but are currently waiting for engine delivery from General Electric. HAL confirmed receiving five engines from GE and stated that the supply position from the engine manufacturer remains positive. The company is actively engaging with the Indian Air Force to ensure aircraft delivery at the earliest possible timeline, demonstrating proactive coordination between the manufacturer and end-user.

Design and Development Progress

HAL acknowledged that all identified design and development issues are being addressed in an expedited manner. This represents a comprehensive approach to resolving technical challenges while maintaining delivery commitments and ensuring operational readiness of the indigenous fighter aircraft program.

Financial Year Guidance Confirmation

The company provided strong assurance to stakeholders by confirming it will achieve the financial year guidance projections. This commitment demonstrates confidence in overcoming operational challenges and maintaining production schedules despite technical complexities involved in indigenous fighter aircraft manufacturing.

The official clarification under SEBI regulations reflects HAL's commitment to transparency and stakeholder communication regarding the critical LCA Mk1A program progress and coordination with the Indian Air Force for optimal delivery scheduling.