Honeywell Automation India Announces Q2 FY2026 Results and Limited Review Report
Honeywell Automation India Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026, along with a limited review report. The results provide insight into the company's operational performance across multiple periods.The financial statements detail revenue and profitability metrics spanning the current quarter, the previous quarter, and the preceding year, alongside aggregated figures for the full financial year ended March 31, 2026.
Financial Performance Snapshot
Key financial highlights from the results, presented in millions, are summarized below:| Metric | Qtr Ended June 30, 2026 | Qtr Ended March 31, 2026 | Qtr Ended June 30, 2025 | FY Ended March 31, 2026 |
|---|---|---|---|---|
| Revenue from operations | 12,044 | 11,807 | 11,831 | 46,819 |
| Total Income (I+II) | 12,508 | 12,282 | 12,249 | 48,609 |
| Total Expenses | 10,477 | 10,120 | 10,569 | 41,398 |
| Profit before tax | 2,031 | 2,162 | 1,680 | 7,211 |
| Profit for the period/year | 1,507 | 1,597 | 1,246 | 5,250 |
| EPS Basic (not annualised) | 170.45 | 180.60 | 140.95 | 593.81 |
The company’s operational segment is "Automation & Control Systems," and it operates in one business segment as per Indian Accounting Standard (Ind AS) - 108 Operating Segment requirement. The results include a total comprehensive income of 1,516 million for the quarter ended June 30, 2026.
Exceptional Items from Labor Code Changes
The results detail an exceptional item realized during the previous financial year ending March 31, 2026. This impact arose following changes to the Labour Codes by the Government of India. The company assessed the financial impact of the Code on Wages, 2019, which resulted in increased liabilities relating to gratuity (₹306 million) and compensated absences (₹15 million) stemming from past service costs.The resulting net impact amounted to ₹123 million, after accounting for a related revenue of ₹188 million. This net impact was presented as an Exceptional Item in the Statement of Profit and Loss for the quarter and year ended March 31, 2026.
Audit Review
An independent auditor reviewed the accompanying statements of unaudited financial results. Based on this review, the auditor found nothing that caused them to believe that the statements, prepared according to Indian Accounting Standard 34 (Ind AS 34), had not disclosed all required information or contained any material misstatement.HONAUT Stock Price Movement
Honeywell Automation India Limited stock surges as of 2:22 PM, pushing the shares up by a strong 10.02% and trading at ₹41,270. The equity performance remains robust, with intraday activity spanning from a low of ₹37,480 to a high of ₹41,495 amid heavy market interest.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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