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Net sales stood at Rs 1,017.49 crore in the quarter ended 31 December 2022, up 18.3% from Rs 859.95 crore recorded in the corresponding quarter last fiscal.
Profit before tax rose 18.2% to Rs 143.71 crore in Q3 FY23 as compared to Rs 121.60 crore reported in the same period a year ago.
Total expenses spiked 19.73% year on year to Rs 901.22 crore in Q3 FY23. Cost of materials consumed stood at Rs 491.64 crore (up 20.9% YoY) and employee benefits expense was at Rs 150.97 crore (up 7.4% YoY) during the period under review.
Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions.
Shares of Honeywell Automation India declined 2.58% to Rs 38,140.10 on the BSE.
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