जनहित प्रकटीकरण और मुखबिरों की सुरक्षा (पीआईडीपीआई) के तहत शिकायत सचिव, केंद्रीय सतर्कता आयोग, सतर्कता भवन, ब्लॉक-ए, जीपीओ कॉम्प्लेक्स, आईएनए, नई दिल्ली-110023 को संबोधित की जानी चाहिए।   |   उड़ानों की बुकिंग के लिए सहायता चाहिए, कृपया टोल फ्री नंबर 1800 180 3649 के माध्यम से हमसे संपर्क करें   |   यदि शिकायतों का आंतरिक समाधान नहीं हो पाता है, तो लोक शिकायत निदेशालय (डीपीजी) (https://dpg.gov.in) से शिकायत के निवारण के लिए संपर्क किया जा सकता है।   |   रोहिणी हेलीपोर्ट, दिल्ली में पहले आओ पहले पाओ के आधार पर पट्टे के लिए उपलब्ध हैंगर स्पेस   |   भारत के संविधान की प्रस्तावना  |   विमानन अकादमी दिल्ली में दाखिला  |   पीएचएल इंटर्नशिप   -  योजना  (यहां क्लिक करे),  आवेदन  (यहां क्लिक करे)   |   पीएचटीआई मुंबई में बैचलर ऑफ एरोनॉटिक्स एंड एयरक्राफ्ट मेंटेनेंस इंजीनियरिंग के लिए एडमिशन ओपन  (यहां क्लिक करे)   |   उड़ानों की बुकिंग के लिए सहायता चाहिए, कृपया टोल फ्री नंबर 1800 180 3649 के माध्यम से हमसे संपर्क करें   |   पारदर्शिता लेखापरीक्षा के लिए एक ढांचा     |   स्वच्छता शपथ

Home >> Press Release >> Pawan Hans Soaring at Unreached Heights 31st December 2014


  31/12/2014

Audited figures for the year 2013-14 have shown a highest ever turnover of Rs. 530 crores for Pawan Hans during the financial year of 2013-14. This growth is around 15% above the previous year’s figures of Rs. 465 crores. The profit from operations has increased to Rs. 73 crores from Rs. 39 crores in 2012-13 showing an increase of 87% and profit net of tax depreciation and all other liabilities has also been more than doubled to Rs. 38.57 crores during 2013-14 from Rs. 11.70 crores of the year 2012-13. It is noteworthy that the Company had incurred a loss of Rs. 10.35 crores during the financial year 2011-12. Pawan Hans has started paying dividend after a gap of four years and for the year 2013-14 has declared Rs. 7.71 crores keeping in view the improved financial results.


Because of incident free flying years, the insurance premium has come down to less than half of what it was two years back, which has led to a saving of Rs. 12 crores. Productivity per employee has also increased from Rs. 44.35 lacs in 2011-12 to Rs. 58.91 in 2013-14. The Company also recruited 10 fresh pilots under its new recruitment policy which has brought down the cockpit cost and it is expected to save Rs. 7.30 crores in two years time for the Company.


Anil Srivastava, CMD, Pawan Hans stated that this turnaround has been achieved due to various strategic steps taken to make an aviation company efficient and minimizing the overheads. Alongwith this, safety aspect has not at all been compromised and last three years have been without any incident for Pawan Hans. Fleet serviceability of its fleet of 53 helicopters has also been at its highest ever level and was around 83%. Year 2013-14 also saw the Credit Rating of Pawan Hans being improved to A+ from A. With deployment of 11 helicopters in the North East, Pawan Hans has started a new Region to cater to the demands from NE States with its Headquarters at Guwahati.


Overall performance and its turnaround has also been recognized by various external agencies and the Company has been bestowed with five awards during last one year including the prestigious “Golden Peacock” recognition at London for overall business sustainability.


This is noteworthy that Pawan Hans gets most of its business through an open competitive bidding and does not take any assistance from Government Budget. With excellent results, it will be much easier for Pawan Hans to offer part of its equity in the market and it is expected that with excellent evaluation of its books the proposed public offer would be a great success.



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0120-2476703, 6710

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