Honeywell Automation (NSE: HONAUT) is a leading provider of automation and control systems for a wide range of industries, including oil and gas, chemicals, aerospace, and building automation. The company offers a range of products and services, including process control systems, industrial safety solutions, and advanced software and analytics tools to help its clients improve operational efficiency, safety, and sustainability.
Honeywell Automation reported a strong financial performance for the quarter ended December 31, 2022. The company’s revenue for the quarter was ₹1,017.49 crore, which is a YoY growth of 18%. The company’s profit after tax (PAT) for the quarter was ₹106.07 crore, representing a YoY growth of 18.2%. This quarter’s earnings per share was ₹119.97. In the same time period, the company’s Tax Expense increased up to ₹37.64 Crore from ₹31.87 Crore.