Taneja Aerospace & Aviation Ltd Share Price – NSE  /  BSE

Aerospace & Defence, Small Cap

The total basic order value is Rs 5.80 crore to be executed till December 2025.

Taneja Aerospace and Aviation is engaged in all aviation related business activities. The business includes – Aircraft Manufacturing and Maintenance Division (AMM) and Airfield Division. The company owns an airfield, comprising an airstrip, with night landing and hangar facilities at Hosur, near Bangalore. The compny also undertakes trading in electrical goods.

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Taneja Aerospace & Aviation (TAAL) has received an order from Hyderabad based Company for modification and Installation of instrumentation on Helicopters. The basic value of the order is Rs 5.80 crore to be executed till December 2025.

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Taneja Aerospace & Aviation has received an order from Bharat Electronics for Aircraft modification / installation of SARANG system on Kamov-31 for 12 Nos. The order valued at Rs.14.47 crore is to be executed over the next three years.

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Net profit of Taneja Aerospace & Aviation declined 12.50% to Rs 2.52 crore in the quarter ended March 2024 as against Rs 2.88 crore during the previous quarter ended March 2023. Sales declined 17.52% to Rs 8.19 crore in the quarter ended March 2024 as against Rs 9.93 crore during the previous quarter ended March 2023.

For the full year,net profit rose 1.27% to Rs 11.13 crore in the year ended March 2024 as against Rs 10.99 crore during the previous year ended March 2023. Sales declined 4.74% to Rs 30.35 crore in the year ended March 2024 as against Rs 31.86 crore during the previous year ended March 2023.

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