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Honeywell Automation India Ltd Q4FY24; 32% rise in Profits

Honeywell Automation India Limited (HAIL)was started in the year 1987 as a JV between Tata and Honeywell. It was known as Tata Honeywell Limited each holding 39.54% stake. Later in 2004 Honeywell Asia Pacific Inc. bought Tata’s stake and the name was changed to Honeywell Automation India Limited.

Financial Results:

Honeywell Automation India Ltd reported Revenues for Q4FY24 of ₹951.00 Crores up from ₹850.00 Crore year on year, a rise of 11.88%.

Total Expenses for Q4FY24 of ₹796.00 Crores up from ₹725.00 Crores year on year, a rise of 9.79%.

Consolidated Net Profit of ₹148.00 Crores up 32.14% from ₹112.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹167.62, up 32.32% from ₹126.68 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: automation
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