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Revenue from operations increased 27.2% year on year to Rs 849.68 crore in Q4 FY23.
During the quarter, profit before tax jumped 53.7% year on year to Rs 151.54 crore.
Total expense increased 21.91% year on year to Rs 724.87 crore in Q4 FY23. Cost of material consumed stood at Rs 334.36 crore (up 21.2% YoY), Employee benefit expense (up 11.25 YoY) during the period under review.
Net cash and cash equivalent stood at Rs 178.56 crore in Q4 FY23, steeply higher from Rs 55.70 crore in Q4 FY22.
On consolidated basis, the company's net profit jumped 29.2 to Rs 438.01 crore on 16.9% rise in net sales to Rs 3,447.59 crore in FY23 over FY22.
The board has recommended a dividend of Rs 95 per equity share for FY23, subject to approval of shareholders.
Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions.
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