Net sales increased 15.1% year on year to Rs 786.17 crore in the quarter ended 30 June 2022. Profit before tax in Q1 FY23 stood at Rs 137.36 crore, up by 11.1% from Rs 123.60 crore in Q1 FY22. Total expenses were at Rs 678.01 crore, rising by 16.6% year on year in the quarter ended 30 June 2022. Cost of materials stood at Rs 327.77 crore (up 20.67% YoY) and employee benefits expense was at Rs 155.03 crore (up 13.64% YoY) in Q1 FY23. Honeywell Automation India is engaged in providing integrated automation and software solutions, including process solutions and building solutions. Powered by Capital Market – Live News
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