Honeywell Automation India (517174) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone financial results for the quarter and half year ended September 30, 2024, were approved by the Board on October 29, 2024.

• Independent auditor's review found no material misstatements or non-compliance in the financial statements.

Financial highlights

• Revenue from operations for Q2 FY25 was ₹10,239 million, up from ₹9,604 million in Q1 FY25, but down from ₹11,042 million in Q2 FY24.

• Net profit for Q2 FY25 was ₹1,151 million, compared to ₹1,365 million in Q1 FY25 and ₹1,219 million in Q2 FY24.

• EPS for the quarter was ₹130.18, compared to ₹154.34 in the previous quarter and ₹137.82 in the same quarter last year.

• Total comprehensive income for H1 FY25 was ₹2,484 million, up from ₹2,287 million in H1 FY24.

Outlook and guidance

• Dividend of ₹100 per equity share for FY24 was approved and accounted for during the period.