Latest news with #HoneywellAutomationIndia
Business Standard
7 days ago
- Business
- Business Standard
Honeywell Automation tanks as Q1 PAT slides 8% YoY to Rs 125 cr
Honeywell Automation India slipped 3.12% to Rs 37,805 after the company's standalone net profit declined 8.71% to Rs 124.60 crore in Q1 FY26, compared with Rs 136.50 crore in Q1 FY25. However, revenue from operations jumped 23.18% year on year to Rs 1,183.1 crore in Q1 FY26. During the quarter, profit before tax stood at Rs 168 crore, down 8.74% from Rs 184.10 crore posted in the same quarter last year. Total expenses increased 28.79% year on year (YoY) to Rs 1,056.9 crore in the June 2025 quarter. The cost of materials consumed stood at Rs 666.30 crore (up 51.39% YoY), employee benefit expense was at Rs 216.90 crore (up 17.81% YoY) during the period under review. Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions.
Business Standard
02-08-2025
- Business
- Business Standard
Honeywell Automation Q1 PAT slides 8% YoY to Rs 125 cr
Honeywell Automation India's standalone net profit declined 8.71% to Rs 124.60 crore in Q1 FY26, compared with Rs 136.50 crore in Q1 FY25. However, revenue from operations jumped 23.18% year on year to Rs 1,183.1 crore in Q1 FY26. During the quarter, profit before tax stood at Rs 168 crore, down 8.74% from Rs 184.10 crore posted in the same quarter last year. Total expenses increased 28.79% year on year (YoY) to Rs 1,056.9 crore in the June 2025 quarter. The cost of materials consumed stood at Rs 666.30 crore (up 51.39% YoY), employee benefit expense was at Rs 216.90 crore (up 17.81% YoY) during the period under review. Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions. Shares of Honeywell Automation India rose 0.66% to close at Rs 39,021.60 on Friday, 1 August 2025.
Business Recorder
01-08-2025
- Business
- Business Recorder
Honeywell Automation India's posts second straight quarterly profit fall
Engineering firm Honeywell Automation India reported a second consecutive quarterly profit fall on Friday, as its expenses rose. Profit at the Indian arm of U.S. conglomerate Honeywell International fell 8.7% year-on-year to 1.25 billion rupees ($14.3 million) in the quarter ended June 30. Honeywell Automation, which provides smart building systems and clean-tech solutions, benefited from increased demand for automation, which boosted its revenue by 23.2% to 11.83 billion rupees. However, its expenses rose 28.8% to 10.57 billion rupees, weighing on the bottomline. Honeywell's India unit posts smaller fourth-quarter profit as costs surge Cost of materials consumed, which constitutes more than half of the total expenses, jumped more than 50%. The company does not disclose details about its revenue segmentation or which raw materials it uses. Honeywell Automation India's stock, one of the country's most expensive, closed 1.2% higher at 39,235 rupees ahead of the results. Its parent's June-quarter net income was almost at $1.57 billion, it reported on July 24.
Business Standard
01-08-2025
- Business
- Business Standard
Honeywell Automation India standalone net profit declines 8.72% in the June 2025 quarter
Sales rise 23.19% to Rs 1183.10 crore Net profit of Honeywell Automation India declined 8.72% to Rs 124.60 crore in the quarter ended June 2025 as against Rs 136.50 crore during the previous quarter ended June 2024. Sales rose 23.19% to Rs 1183.10 crore in the quarter ended June 2025 as against Rs 960.40 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1183.10960.40 23 OPM % 11.9616.06 - PBDT 181.40197.30 -8 PBT 168.00184.10 -9 NP 124.60136.50 -9
Mint
16-06-2025
- Business
- Mint
Tata Technologies among 3 stocks in focus as they will trade ex-dividend today
Dividend Stocks: Tata Technologies, LKP Securities and Honeywell Automation India are the three stocks that will remain in focus as they will trade ex-date for the final and special dividends today, June 16. Tata Technologies, LKP Securities, and Honeywell Automation India had set Monday, June 16, 2025, as the dividend record date for determining the list of eligible shareholders to receive the dividend. The June 16 record date suggests that investors who wanted to receive the dividend payout and benefit from dividend announcements should have purchased shares of these companies at least one day prior to the record date, per the T+1 settlement procedure. Tata Technologies Ltd: Tata Technologies recommended a final dividend of ₹ 8.35 and a one-time special payment of ₹ 3.35, totalling ₹ 11.70 per equity share of ₹ 2 each, subject to tax, for the fiscal year ending March 31, 2025. If approved at the Annual General Meeting (AGM), the dividend must be paid or dispatched within 30 days of the AGM. LKP Securities Ltd: The company had recommended a final dividend of ₹ 0.30/- per equity share of ₹ 2/- each for the financial year ended March 31, 2025. The dividend announced translated into a payout of 15% if the dividend declared and the face value of the share were considered. The dividend payout, however, is subject to approval of the shareholders at the ensuing Annual General Meeting. Honeywell Automation India Ltd: The Board of Directors of Honeywell Automation India had recommended a final dividend of ₹ 105 per equity share, or 1,050% of the face value of ₹ 10 per share, for the fiscal year that ended on March 31, 2025. This recommendation is contingent upon shareholder approval at the company's subsequent annual general meeting.
