Total expenses were at Rs 678.01 crore, rising by 16.6% year on year in the quarter ended 30 June 2022. Cost of materials stood at Rs 327.77 crore (up 20.67% YoY) and employee benefits expense was at Rs 155.03 crore (up 13.64% YoY) in Q1 FY23.

Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions.