Key Points
BENGALURU (Reuters) Engineering firm Honeywell Automation India on Monday reported a marginal 3.4% rise in second-quarter profit, as a rise in expenses outpaced revenue growth...
Profit at the Indian unit of U.S.-based Honeywell International rose to 1.22 billion rupees ($14.7 million) for the three months ended Sept. 30, from 1.18 billion rupees a year ago...
Quarterly revenue was up 39% at 11.04 billion rupees, however, a 44% rise in its total expenses, in line with the trend seen in the previous three quarters, weighed on profit...
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