'Net sales (including other operating income) of Honeywell Automation India has increased 7.14% to Rs 1,168.70 crore. Operating profit margin has declined from 13.02% to 12.63%, leading to 3.94% rise in operating profit to Rs 147.60 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.14% to 50.50%. Purchase of finished goods cost rose from 10.63% to 10.67%. Employee cost increased from 16.78% to 18.49%. Other expenses rose from 5.46% to 7.61%.
Other income fell 9% to Rs 45.5 crore. PBIDT rose 0.57% to Rs 193.1 crore. Provision for interest up 86.36% to Rs 4.1 crore.
PBDT fell 0.42% to Rs 189 crore. Provision for depreciation down 7.97% to Rs 12.7 crore.
Profit before tax grew 0.17% to Rs 176.30 crore. Provision for tax was expense of Rs 43.7 crore, compared to Rs 43.9 crore. Effective...
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