'Standalone net sales (including other operating income) of Honeywell Automation India for the quarter ended Sep 2023 has increased 39.02% to Rs 1,104.20 crore. Operating profit margin has declined from 16.09% to 12.52%, leading to 8.22% rise in operating profit to Rs 138.30 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 40.58% to 42.28%. Purchase of finished goods cost rose from 9.42% to 18.67%. Employee cost decreased from 20.68% to 15.75%. Other expenses fell from 12.94% to 10.68%. Other income fell 10.69% to Rs 40.1 crore. PBIDT rose 3.30% to Rs 178.4 crore. Provision for interest fell 41.67% to Rs 0.7 crore. PBDT rose 3.62% to Rs 177.7 crore. Provision for depreciation rose 7.81% to Rs 13.8 crore. Profit before tax grew 3.28% to Rs 163.90 crore. Provision for tax was expense of Rs 42 crore, compared to Rs 40.8 crore...
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