'Standalone net sales (including other operating income) of Honeywell Automation India for the quarter ended Jun 2024 has increased 3.01% to Rs 960.40 crore. Operating profit margin has jumped from 12.94% to 16.06%, leading to 27.86% rise in operating profit to Rs 154.20 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 41.05% to 46.30%. Purchase of finished goods cost fell from 12.45% to 8.91%. Employee cost increased from 18.53% to 19.37%. Other expenses fell from 15.39% to 9.20%.
Other income up 34.24% to Rs 44.3 crore. PBIDT rose 29.23% to Rs 198.5 crore. Provision for interest up 50% to Rs 1.2 crore.
PBDT rose 29.12% to Rs 197.3 crore. Provision for depreciation down 2.94% to Rs 13.2 crore.
Profit before tax grew 32.26% to Rs 184.10 crore. Provision for tax was expense of Rs 47.6 crore, compa...
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