Honeywell Automation India zooms on reporting 54% rise in Q4 net profit
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Honeywell Automation India is currently trading at Rs. 40902.00, up by 3397.50 points or 9.06% from its previous closing of Rs. 37504.50 on the BSE.
The scrip opened at Rs. 39852.05 and has touched a high and low of Rs. 41250.00 and Rs. 39500.10 respectively. So far 1801 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 44322.70 on 16-Aug-2022 and a 52 week low of Rs. 30162.00 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 41250.00 and Rs. 36752.30 respectively. The current market cap of the company is Rs. 36211.34 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.26% and 9.73% respectively.
Honeywell Automation India has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 54.16% rise in net profit at Rs 112.03 crore for the quarter under review as compared to Rs 72.67 crore for the same quarter in the previous year. Total income of the company increased by 26.43% at Rs 876.41 crore for Q4FY23 as compared to Rs 693.21 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 29.16% rise in its net profit at Rs 438.01 crore as compared to Rs 339.13 crore for the previous year. Total income of the company increased by 17.99% at Rs 3575.84 crore for year under review as compared to Rs 3030.66 crore for year ended March 31, 2022.
