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( As on 01/08/2025 16:02)

Honeywell Automation Q1 net profit down 8.72% at Rs 124.60 cr

The company reported standalone net profit of Rs 124.60 crore for the quarter ended June 30, 2025 as compared to Rs 136.50 crore in the same period last year, registering a year-on-year decline of 8.72 per cent.

Net revenue of the company rose substantially by 23.19 per cent at Rs 1,183.10 crore in April-June quarter of this fiscal as against Rs 960.40 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 29.20 per cent to Rs 1,041.60 crore from Rs 806.20 crore in year ago period.

Other Income dipped by 5.64 per cent at Rs 41.80 crore versus (Jun'24 Rs 44.30 crore).

Operating Profit slipped by 8.24 per cent to Rs 141.50 crore as against Rs 154.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.53 per cent in June quarter.

Interest grew by 58.33 per cent y-o-y to Rs 1.90 crore, while Taxation decreased by 8.82 per cent at Rs 43.40 crore (Jun'24 Rs 47.60 crore).