City
Epaper

Honeywell Automation’s shares down 27 pc in last 1 year, Q1 profit falls 8.7 pc

By IANS | Updated: August 2, 2025 13:44 IST

Mumbai, Aug 2 Honeywell Automation India Limited’s stock has lost 27.24 per cent over the past year, falling ...

Open in App

Mumbai, Aug 2 Honeywell Automation India Limited’s stock has lost 27.24 per cent over the past year, falling by Rs 14,692.35, according to latest official data on Saturday.

So far in 2025, the shares were down 6.89 per cent, even as they have posted a modest gain of 2.95 per cent in the last six months.

On Friday, Honeywell Automation’s shares closed at Rs 39,021.60 on the Bombay Stock Exchange (BSE), up Rs 256.60 or 0.66 per cent for the day.

Meanwhile, the company declared its Q1 FY26 result on Friday and has reported an 8.7 per cent year-on-year (YoY) drop in net profit to Rs 124.6 crore for the April–June quarter, compared to Rs 136.5 crore in the same period previous year (Q1 FY25).

Revenue from operations rose sharply by 23.2 per cent to Rs 1,183 crore from Rs 960.4 crore a year ago, according to its stock exchange filing.

However, higher costs weighed on profitability. The company’s operating profit (EBITDA) fell 8.4 per cent to Rs 141.3 crore, while the EBITDA margin dropped to 11.9 per cent from 16 per cent previous year.

Total expenses increased by 28.79 per cent to Rs 1,056.9 crore in the June quarter, the company said in its regulatory filing.

The cost of materials consumed jumped 51.39 per cent to Rs 666.3 crore, while employee expenses rose 17.81 per cent to Rs 216.9 crore.

Finance costs stood at Rs 1.9 crore, depreciation and amortisation at Rs 13.4 crore, and other expenses at Rs 84 crore.

Honeywell Automation India provides integrated automation and software solutions, including process and building solutions.

The company operates in various sectors, including industrial automation, building management, and advanced sensing technologies.

HAIL offers process solutions like distributed control systems (DCS), SCADA, and programmable logic controllers (PLCs) for optimising industrial operations.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

PunePune: Policeman Among 33 Caught in Gambling Raid Near Modi Ganpati Temple in Narayan Peth

InternationalHead of North Korea's assembly holds talks with Russia, three other nations in Geneva

InternationalRussia downs 41 Ukrainian drones: Defence ministry

MumbaiEOW Cracks Down on Mithi River Scam: Two Held, BMC Officials Accused in ₹65.5 Crore Fraud

InternationalIndia's US crude oil imports surge 51 per cent following Trump's return to office: Sources

Business Realted Stories

BusinessTaiwan to face economic risk as US mulls semiconductor tariffs under Trump proposal: Think tank

BusinessPiyush Goyal meets steel, engineering sector leaders to boost competitiveness and global role

BusinessIndiGo bans passenger for slapping co-traveller on Mumbai-Kolkata flight

BusinessED Makes First Arrest in Rs 3,000-Crore Anil Ambani Loan Fraud Case

BusinessMahindra & Mahindra buys 59 pc stake in SML Isuzu for Rs 555 crore