PM Modi lauds HAL for record revenue generation

New Delhi [India], April 1 : 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.
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.