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Honeywell Automation India Ltd Q1FY25; 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 Q1FY25 of ₹960.00 Crores up from ₹932.00 Crore year on year, a rise of 3.0%.

Total Expenses for Q1FY25 of ₹820.00 Crores down from ₹827.00 Crores year on year, a fall of 0.85%.

Consolidated Net Profit of ₹136.00 Crores up 32.04% from ₹103.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹154.39, up 32.01% from ₹116.95 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.

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