Net profit after tax for Pawan Hans FY 2015-2019

In the financial year 2019, Pawan Hans Limited reported a net loss after tax of 636.67 million 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.

Pawan Hans Limited was set-up 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 2015 to 2019

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Source

Release date

September 2019

Region

India

Survey time period

FY 2015 to FY 2019

Supplementary notes

*From FY 2016, financial statements were issued under Indian accounting standards, prior to which Indian GAAP was followed.

India's financial year starts in April and ends in March. For example, FY2019 started in April 2018 and ended in March 2019.

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of May 2020).

Values have been rounded.

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Statistics on "Helicopter industry in India"

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