'Standalone net sales (including other operating income) of Honeywell Automation India for the quarter ended Sep 2024 has declined 7.27% to Rs 1,023.90 crore. Operating profit margin has jumped from 12.52% to 12.60%, leading to 6.72% decline in operating profit to Rs 129.00 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 42.28% to 50.56%. Purchase of finished goods cost fell from 18.67% to 11.36%. Employee cost increased from 15.75% to 17.48%. Other expenses fell from 10.68% to 8.04%.
Other income up 2.74% to Rs 41.2 crore. PBIDT fell 4.60% to Rs 170.2 crore. Provision for interest up 100% to Rs 1.4 crore. PBDT fell 5.01% to Rs 168.8 crore. Provision for depreciation down 2.17% to Rs 13.5 crore. Profit before tax down 5.25% to Rs 155.30 crore. Provision for tax was expense of Rs 40.2 crore, compared to Rs 42 cror...
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