Pawan Hans: net profit after tax 2022

In financial year 2022, Pawan Hans Limited reported a net loss after tax of over 18.6 billion Indian rupees. According to the company, pay revisions, heavy increment in insurance premiums, increase in lease rents, the imposition of liquidation damages, and a revenue decrease were the explanations for the loss. However, lower expenses in fiscal year 2020, helped the company to register lower losses.

Pawan Hans Limited was founded in 1985 and had its office registered in New Delhi. It began its operation in October 1986. As of March 2019, Pawan Hans Limited was a publicly listed company, and the Government of India had a 51 percent stake, while ONGC had the remainder. It was the flagship helicopter service provider for the Government of India.

Net profit after tax for Pawan Hans Limited from financial year 2017 to 2022 (in billion Indian rupees)

Characteristic	Profit after tax in billion Indian rupees
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Release date

February 2023

More information

Region

India

Survey time period

FY 2017 to FY 2022

Supplementary notes

India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of September 2023).

Values have been rounded.

Value on wards financial year 2017 as per Indian accounting standards and previous value as per Indian GAAP.

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