Business News | PM Modi Lauds HAL for Record Revenue Generation
Get latest articles and stories on Business at LatestLY. 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.
New Delhi [India], April 1 (ANI): 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.
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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 Organisations. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)