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 Q3FY24 of ₹239.30 Crores up from ₹214.23 Crore year on year, a rise of 11.7%.
Total Expenses for Q3FY24 of ₹231.65 Crores up from ₹199.35 Crores year on year, a rise of 16.2%.
Consolidated Net Profit of ₹5.97 Crores down 51.38% from ₹12.28 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.44, down 75.56% from ₹1.80 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.