New Delhi, Aug. 13 -- Hindustan Aeronautics Ltd's improving revenue growth trajectory is driving investor confidence. In the June quarter (Q1FY27), standalone revenue grew 14% year-on-year to Rs.5,515 crore, beating analysts' expectations. The improvement reflects a pick-up in execution and was in line with the company's FY27 revenue growth guidance of 10-12%, shared during its March-quarter earnings call last year. Much of the company's prospects now hinge on the slated deliveries of its much-awaited light combat aircraft, Tejas.

The Q1FY26 number compares with mere 2% growth in Q4FY26 and 7% in FY26. Despite a notable increase in raw material costs, earnings before interest, taxes, depreciation, and amortization (Ebitda) rose 19% year-...