The company's profit after tax increased 21% year-on-year to Rs 150.7 crore in Q1 FY27 from Rs 124.6 crore in Q1 FY26. On a sequential basis, profit declined 5.6% from Rs 159.7 crore in Q4 FY26.

Revenue from operations rose 1.8% year-on-year (YoY) to Rs 1,204.4 crore in Q1 FY27 from Rs 1,183.1 crore in the corresponding quarter last year. Revenue increased 2.0% quarter-on-quarter (QoQ) from Rs 1,180.7 crore in Q4 FY26.

Profit before tax stood at Rs 203.1 crore in Q1 FY27, down 5.7% QoQ and up 20.9% YoY.

Total expenses declined 0.9% YoY to Rs 1,047.7 crore in Q1 FY27. Employee benefits expense increased 7.3% YoY to Rs 232.8 crore in Q1 FY27. Finance costs rose 21.1% YoY to Rs 2.3 crore, while depreciation and amortisation expense was largely flat at Rs 13.5 crore compared with Rs 13.4 crore a year ago.

The company reported a tax expense of Rs 52.4 crore for the quarter, up 20.7% YoY from Rs 43.4 crore in Q1 FY26.

Honeywell Automation India is engaged primarily in the business of automation & control systems on turnkey basis and otherwise.