Honeywell Automation shares dip over 2% as Q1 net profit drops 9% YoY to Rs 125 crore
Honeywell Automation India Ltd witnessed a sharp drop of more than 2% in early trade after the company reported a mixed set of numbers for the first quarter of FY26. As of 9:24 AM, the shares were trading 2.67% lower at Rs 37,690.00.
The company's net profit declined 8.7% year-on-year (YoY) to ₹124.6 crore in Q1FY26, compared to ₹136.5 crore in the corresponding quarter last fiscal. Despite the earnings slump, revenue from operations jumped 23.2% to ₹1,183 crore, up from ₹960.4 crore in Q1FY25, signalling strong top-line growth.
However, margin pressure weighed on investor sentiment. Honeywell's earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹141.3 crore, marking an 8.4% YoY drop from ₹154.2 crore. The EBITDA margin for the quarter also narrowed significantly to 11.9%, down from 16% a year ago.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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