'Standalone net sales (including other operating income) of Honeywell Automation India for quarter ended Dec 2023 has increased 5.26% to Rs 1,071.00 crore. Operating profit margin has jumped from 12.82% to 15%, leading to 23.16% rise in operating profit to Rs 160.60 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 48.69% to 46.34%. Purchase of finished goods cost fell from 10.43% to 10.20%. Employee cost increased from 14.95% to 17.19%. Other expenses fell from 13.01% to 10.80%.
Other income up 2.55% to Rs 28.1 crore. PBIDT rose 19.58% to Rs 188.7 crore. Provision for interest up 40% to Rs 1.4 crore.
PBDT rose 19.45% to Rs 187.3 crore. Provision for depreciation down 2.29% to Rs 12.8 crore.
Profit before tax grew 21.43% to Rs 174.50 crore. Provision for tax was expense of Rs 46.6 crore, co...
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