Archive · 19 Nov 2025
Azad Engineering & Pratt & Whitney Canada Ink Aerospace Deal; Azad India Mobility Surges
Azad Engineering, an Indian company, has agreed to make parts for airplane engines with Pratt & Whitney Canada.
This will help Azad grow in the aerospace industry.
Azad's profits and sales have gone up this year, especially in the aerospace and defense sector.
Meanwhile, Azad India Mobility, another company, has seen its shares rise due to strong earnings from electric bus sales.
Azad Engineering signs Master Terms Agreement and Purchase Agreement with Pratt & Whitney Canada
Azad Engineering reports 60% YoY increase in Q2 net profit
Azad India Mobility shares rise 1% in intraday trade on strong Q2 results
Azad India Mobility revenue up 150% QoQ in Q2, 4098% YoY in H1
Azad India Mobility produces electric buses, with a capacity of 500 per year
- Who
- Azad Engineering Ltd, Pratt & Whitney Canada Corp, Azad India Mobility
- What
- Azad Engineering signed an aerospace deal; Azad India Mobility reported strong earnings
- When
- November 18, 2023 (Azad Engineering deal); Q2FY26 (Azad India Mobility earnings)
- Where
- Not specified (Azad Engineering deal); Near Bengaluru, India (Azad India Mobility)
- Why
- To strengthen Azad's manufacturing capabilities (Azad Engineering); Strong earnings growth (Azad India Mobility)
Supporters of Azad Engineering's Aerospace Deal
Skeptics of Azad Engineering's Aerospace Deal
Deal Impact
Supporters of Azad Engineering's Aerospace Deal
Will strengthen Azad's manufacturing capabilities
Skeptics of Azad Engineering's Aerospace Deal
Potential risks and challenges in the aerospace sector
- Q2FY26 Net Profit (Azad Engineering)
- ₹33 crore (60% YoY increase)
- Q2FY26 Revenue (Azad Engineering)
- ₹145.6 crore (30.6% YoY increase)
- H1FY26 Aerospace & Defence Revenue (Azad Engineering)
- ₹47.1 crore (30.3% YoY increase)
- Q2FY26 Revenue (Azad India Mobility)
- ₹20 crore (150% QoQ increase)
- H1FY26 Revenue (Azad India Mobility)
- ₹27.91 crore (4,098% YoY increase)
- Azad India Mobility Share Price (Nov 19, 2023)
- ₹161.45 (+1% intraday)
Sources
Azad Engineering, Pratt & Whitney Canada sign agreement for aircraft engine component manufacturing
Azad Engineering to be in focus on Wednesday as it inks aircraft engine parts deal with Pratt & Whitney Canada