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 Q3FY25 of ₹518.00 Crores up from ₹488.00 Crore year on year, a rise of 6.15%.
Total Expenses for Q3FY25 of ₹507.00 Crores up from ₹465.00 Crores year on year, a rise of 9.03%.
Consolidated Net Profit of ₹26.00 Crores from ₹26.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.80, from ₹0.80 in the same quarter of the previous year.