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Net sales during the quarter declined by 0.7% YoY to Rs 667.98 crore.
Profit before tax in Q4 FY22 stood at Rs 98.61 crore, down by 28.7% from Rs 138.26 crore in Q4 FY21. Current tax outgo during the period under review fell by 47.1% YoY to Rs 17.64 crore.
The company recorded 26.3% decline in net profit to Rs 339.13 crore on a 3.1% fall in net sales to Rs 2,948.32 crore in FY22 over FY21.
Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions.
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